DHX Media Closes Secondary Offering

DHX Media Ltd., a leading independent creator, producer, distributor and licensor of children's entertainment content, completed a bought deal secondary offering of its common shares held by a group of entities controlled or managed by Birch Hill Equity Partners Management Inc. The selling shareholders sold 28,363,796 common shares of DHX Media at a price of $4.70 per common share for aggregate gross proceeds of approximately $133 million. The syndicate of underwriters was led by Canaccord Genuity Corp. and included RBC Dominion Securities Inc. and Scotia Capital Inc.

DHX Media was represented by Mark Gosine, Executive Vice President, Legal Affairs, General Counsel and Corporate Secretary; and by Stewart McKelvey with a team including James Dickson, Gavin Stuttard, Trevor MacDonald and Eric MacRae (corporate and securities). US counsel to DHX media was Troutman Sanders LLP with a team including Thomas Rose, Kristen O'Connor and Lisa Raines (corporate and securities). Birch Hill was represented by Stacey Hoisak, General Counsel; and by Goodmans LLP with a team including Lawrence Chernin, Michael Partridge and Brian Savage (corporate and securities).

The underwriters were represented by McCarthy Tétrault LLP with a team including Robert Hansen, Matthew Appleby and David Badour (corporate and securities).

Lawyer(s)

James M. Dickson Lawrence S. Chernin Stacey Hoisak Trevor MacDonald Matthew Appleby Brian Savage Robert O. Hansen Gavin Stuttard Michael Partridge

Firm(s)

Stewart McKelvey Goodmans LLP McCarthy Tétrault LLP Troutman Sanders LLP