Scotia Capital Inc. and Alberta Investment Management Corporation Each Agree to Sell 2,750,000 Common Shares of TMX Group Limited

/NOT FOR DISTRIBUTION OR DISSEMINATION IN OR INTO THE UNITED STATES/

TORONTO, Oct. 2, 2017 /CNW/ - The Bank of Nova Scotia ("Scotiabank") and Alberta Investment Management Corporation, on behalf of certain of its clients ("AIMCo"), announced today that Scotia Capital Inc. ("SCI"), a wholly-owned subsidiary of Scotiabank and as principal, and AIMCo, have each agreed to sell 2,750,000 common shares ("Common Shares") of TMX Group Limited ("TMX") representing an aggregate of approximately 9.9% of the issued and outstanding Common Shares of TMX as of October 2, 2017. The Common Shares are being sold by SCI and AIMCo by way of a trade carried out under exemptive relief from certain provisions of the Universal Market Integrity Rules granted by the Investment Industry Regulatory Organization of Canada at a gross price of $67.00 per Common Share.

After giving effect to the trade, SCI and AIMCo will each hold less than 5% of the issued and outstanding Common Shares of TMX and will no longer be entitled to appoint nominees to the board of directors of TMX.

This press release is not an offer of securities for sale in the United States. The Common Shares have not been and will not be registered under the United StatesSecurities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold in the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Alberta Investment Management Corporation (AIMCo)

AIMCo is one of Canada's largest and most diversified institutional investment managers with more than $100 billion of assets under management. Established on January 1, 2008, AIMCo's mandate is to provide superior long-term investment results for its clients. AIMCo operates at arms-length from the Government of Alberta and invests globally on behalf of 32 pension, endowment and government funds in the Province of Alberta. For more information on AIMCo please visit http://www.aimco.alberta.ca.

About Scotiabank

Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. We are dedicated to helping our 24 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 88,000 employees and assets of over $906 billion (as at July 31, 2017), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

SOURCE Scotiabank