- In a filing, shareholders of GMS plan to offer up to 1.129M shares of common stock.
- That stock is issuable on exchange of nonvoting shares of subsidiary Canada Gypsum Management and Supply.
- The selling stockholders are 2515682 Ontario Inc. (holders of 677,421 shares), Slegg Building Materials (holders of 225,806 shares) and Shoefam Holdings (also holders of 225,806 shares).
- The presidents of those stockholders were executives at Titan prior to that company's acquisition by GMS.