Dollarama Completes Offering and Closing of Over-Allotment Option

On January 28, 2010, Dollarama Inc. (TSX:DOL) completed the closing of its previously announced bought deal secondary offering and the concurrent closing of the over-allotment option pursuant to which certain of its shareholders, namely Bain Dollarama (Luxembourg) One S.à r.l., Stéphane Gonthier and certain entities controlled by Larry Rossy, Alan Rossy and Leonard Assaly (collectively, the selling shareholders), sold an aggregate of 13,150,000 common shares of Dollarama (of which 1,500,000 were sold pursuant to the partial exercise of the over-allotment option) at a price of $21.50 per share for aggregate gross proceeds of $282,725,000 to the selling shareholders.

The Dollarama common shares were offered to the public by an underwriting syndicate led by RBC Dominion Securities Inc., CIBC World Markets Inc. and Credit Suisse Securities (Canada), Inc. and including Scotia Capital Inc., Barclays Capital Canada Inc., National Bank Financial Inc., Desjardins Securities Inc., HSBC Securities (Canada) Inc. and Raymond James Ltd.

Dollarama, Bain Dollarama (Luxembourg) One S.àr.l. and Stéphane Gonthier were represented by Stikeman Elliott LLPM in Canada and Ropes & Gray LLP in the US. The Stikeman Elliott team included John Leopold, Peter Castiel, Robert Carelli, Sophie Lamonde, Vanessa Coiteux, Philippe Tommei and Aniko Pelland (corporate and securities) and Marie-Andrée Beaudry and Frank Mathieu (tax). The Ropes & Gray team included Carl Marcellino and Cynthia McMakin (corporate and securities) and Christopher Leich (tax).

The underwriters were represented by a team from Ogilvy Renault LLP including Paul Raymond, Stephen Kelly, Amélie Métivier and Karine Fadous (corporate and securities), Derek Chiasson (tax) and Andrew Bleau (US matters).

Davies Ward Phillips & Vineberg LLP represented the Rossy and Assaly families shareholders, with a team that included Janet Ferrier and Sébastien Roy (corporate and securities) and Michael Kandev (tax).


Janet Ferrier Karine Fadous Michael N. Kandev Robert Carelli Sébastien Roy Christopher M. Leich Paul Raymond Sophie Lamonde Carl P. Marcellino Vanessa Coiteux Stephen J. Kelly Peter Castiel Frank Mathieu Marie-Andrée Beaudry John W. Leopold Andrew Bleau Derek Chiasson Amélie Métivier Aniko Pelland


Stikeman Elliott LLP Ropes & Gray LLP Norton Rose Fulbright Canada LLP Davies Ward Phillips & Vineberg LLP