CNW Group
This news release relates to the shares of CCL Industries Inc. (the "Company"). 1281228 Ontario Inc. ("128") announces that on May 31, 2023, SHL Subco 15 Corp., a corporation indirectly controlled by 128 transferred 1,544,844 Class B non-voting shares (the "Class B Shares") of the Company to The Angel Gabriel Foundation and 1,571,340 Class B Shares to The Damascus Road Foundation by way of charitable gifts (collectively, the "Gifts"). Following completion of the Gifts, 128, together with its aff