Aimia Inc. announces closing of C$150 million offering of Cumulative Rate Reset Preferred Shares


MONTREAL, Jan. 15, 2014 /CNW Telbec/ – Aimia Inc. (“Aimia”) announced
today the closing of its previously announced offering of 6,000,000
Cumulative Rate Reset Preferred Shares, Series 3 (the “Series 3
Preferred Shares”), including 1,000,000 Series 3 Preferred Shares that
were issued upon the exercise in full of the underwriters’ option to
purchase additional shares, at a price of C$25.00 per Series 3
Preferred Share for gross proceeds of C$150 million. The Series 3
Preferred Shares were purchased by a syndicate of underwriters led by
CIBC, TD Securities Inc., RBC Capital Markets and BMO Capital Markets.

The net proceeds of the issue will be used by Aimia to supplement its
financial resources and for general corporate purposes.

About Aimia

Aimia Inc. 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,
Nectar, the United Kingdom’s largest coalition loyalty program, Nectar
Italia, and Smart Button, a leading provider of SaaS loyalty solutions.
In addition, Aimia owns stakes in Air Miles Middle East, Mexico’s
leading coalition loyalty program Club Premier, Brazil’s Prismah
Fidelidade, China Rewards – the first coalition loyalty program in
China that enables members to earn and redeem a common currency, 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 card-linked 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, changes to the Aeroplan Program,
successful implementation of recently signed financial credit card
agreements, 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 January 15, 2014, 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.

The Series 3 Preferred Shares have not been, nor will be, registered
under the United States Securities Act of 1933, as amended, or any
state securities laws and may not be offered or sold in the United
or to U.S. persons absent registration or applicable exemption
from the registration requirement of such Act and applicable state
securities laws. This news release shall not constitute an offer to
sell or the solicitation of an offer to buy, nor shall there be any
sale of these securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to qualification under the
securities laws of any such jurisdiction.




Krista Pawley

Karen Keyes

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