Pender Growth Fund Inc. (TSXV : PTF) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 663,045 shares, representing 8.76% of its issued share capital. The bid is subject to regulatory approval. All the repurchased shares will be cancelled. The bid will commence on February 14, 2023, and will expire on February 13, 2024. The company has entered into an automatic share purchase plan PI Financial Corp. in order to facilitate repurchases of its shares under the bid. As of January 31, 2023, the company had 7,568,921 shares outstanding.

PI Financial Corp. acted as broker to the company.