Serge Godin, André Imbeau and Jean Brassard, founders of CGI Group Inc., exercised warrants on Friday, April 28, 2006 totaling 435,991 Class B shares of CGI at a price of $6.55 each. These warrants were related to those exercised by La Fédération des caisses Desjardins du Québec and were issued in connection with a 10-year, $1.2 billion strategic alliance Desjardins signed with CGI in 2001.
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Warrants are securities issued by a company, which give their owners the right to purchase shares in the company at a specific price at a future date.
Founded in 1976, CGI Group Inc. (“CGI”) is the eighth largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 25,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States of America (“US”), Europe, Asia Pacific as well as from centers of excellence in Canada, the US, Europe and India. CGI's annualized revenue run rate is currently $3.5 billion (US$3.0 billion) and at March 31, 2006, CGI's order backlog was $13.7 billion (US$11.7 billion). CGI's shares are listed on the TSX (GIB.SV.A) and the NYSE (GIB) and are included in the S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices.
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For more information:
Investors
Lorne Gorber, Vice-President, Investor Relations
(514) 841-3355
Media
Eileen Murphy, Director, Media Relations
(514) 841-3430
