Aimia Announces Renewal of its Normal Course Issuer Bid

MONTREAL, May 13, 2013 /CNW Telbec/ – Aimia Inc. (TSX: AIM) announced
today that it has received approval from the Toronto Stock Exchange
respecting the renewal of its normal course issuer bid to purchase for
cancellation up to 17,212,126 of its common shares, or 10% of the
public float of 172,121,269 common shares as at May 13, 2013, through
the facilities of the Toronto Stock Exchange and through alternative
trading systems (such as Alpha ATS), or by other means as may be
permitted by the TSX, such as prearranged crosses, exempt offers and
block purchases, during the period from May 16, 2013 to no later than
May 15, 2014. Aimia may also purchase common shares for cancellation by
way of private agreements under an issuer bid exemption order issued by
a securities regulatory authority. Purchases made on the open market
through the facilities of the TSX and alternative trading systems will
be at the prevailing market price at the time of acquisition. Purchases
made by way of private agreements under an issuer bid exemption order
issued by a securities regulatory authority will be at a discount to
the prevailing market price as provided in the exemption order. As at
May 13, 2013 there were 172,466,957 common shares issued and

The average daily trading volume on the Toronto Stock Exchange for the
past six months was 605,248 common shares. Under the regulations of the Toronto Stock Exchange, a
maximum daily repurchase of 25% of this average may be made,
representing 151,312 common shares. In addition, Aimia may make, once
per week, a block purchase (as such term is defined in the TSX Company
Manual) of common shares not directly or indirectly owned by insiders
of Aimia, in accordance with the regulations of the Toronto Stock
Exchange. The common shares purchased pursuant to the normal course
issuer bid will be cancelled.

The Board of Directors of Aimia has concluded that the repurchase of
common shares represents an appropriate use of funds to increase
shareholder value, as the underlying value of Aimia may not be
reflected in the market price of its common shares from time to time.

From May 16, 2012 to May 13, 2013, Aimia did not purchase any of its
common shares pursuant to its current normal course issuer bid.

About Aimia

Aimia (“Aimia” or the “Corporation”) is a global leader in loyalty
management. Employing more than 4,000 people in over 20 countries
worldwide, Aimia offers clients, partners and members proven expertise
in launching and managing coalition loyalty programs, delivering
proprietary loyalty services, creating value through loyalty analytics
and driving innovation in the emerging digital, mobile and social
communications spaces.

Aimia owns and operates Aeroplan, Canada’s premier coalition loyalty program and Nectar, the United Kingdom’s largest coalition loyalty program. In
addition, Aimia owns stakes in Air Miles Middle East, Nectar Italia, Mexico’s leading coalition loyalty program Club Premier, Brazil’s Prismah Fidelidade, and I2C, a joint venture with Sainsbury’s offering insight and data analytics
services in the UK to retailers and suppliers. Aimia also holds a
minority position in Cardlytics, a US-based private company operating in transaction-driven marketing
for electronic banking. Aimia is listed on the Toronto Stock
Exchange (TSX: AIM). For more information, visit us at

Caution Concerning Forward-Looking Statements

Forward-looking statements are included in this news release. These
forward-looking statements are identified by the use of terms and
phrases such as “anticipate”, “believe”, “could”, “estimate”, “expect”,
“intend”, “may”, “plan”, “predict”, “project”, “will”, “would”, and
similar terms and phrases, including references to assumptions. Such
statements may involve but are not limited to comments with respect to
strategies, expectations, planned operations or future actions.

Forward-looking statements, by their nature, are based on assumptions
and are subject to important risks and uncertainties. Any forecasts,
predictions or forward-looking statements cannot be relied upon due to,
among other things, changing external events and general uncertainties
of the business and its corporate structure. Results indicated in
forward-looking statements may differ materially from actual results
for a number of reasons, including without limitation, dependency on
top accumulation partners and clients, conflicts of interest, greater
than expected redemptions for rewards, regulatory matters, retail
market/economic conditions, industry competition, Air Canada liquidity
issues, Air Canada or travel industry disruptions, airline industry
changes and increased airline costs, supply and capacity costs,
unfunded future redemption costs, failure to safeguard databases and
consumer privacy, changes to coalition loyalty programs, seasonal
nature of the business, other factors and prior performance, foreign
operations, legal proceedings, reliance on key personnel, labour
relations, pension liability, technological disruptions and inability
to use third party software, failure to protect intellectual property
rights, interest rate and currency fluctuations, leverage and
restrictive covenants in current and future indebtedness, uncertainty
of dividend payments, managing growth, credit ratings, as well as the
other factors identified in this news release and throughout Aimia’s
public disclosure record on file with the Canadian securities
regulatory authorities.

The forward-looking statements contained herein represent Aimia’s
expectations as of May 13, 2013, and are subject to change after such
date. However, Aimia disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required under
applicable securities regulations.





Krista Pawley
416-352 3794 

JoAnne Hayes

Analysts & Investors
Karen Keyes

Trish Moran

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