Fiera Capital Issues Previously Announced Shares to Bel Air and Natcan

MONTREAL, June 30, 2014 /CNW Telbec/ - Fiera Capital Corporation ("Fiera" or the "Firm") (TSX: FSZ) announced today that pursuant to the sale and purchase agreement entered into for the acquisition of Los Angeles, California based Bel Air Investment Advisors LLC as well as its affiliate Bel Air Securities LLC (collectively "Bel Air"), which closed on October 31, 2013, Fiera has issued to the Bel Air selling partners an aggregate number of 277,578 Class A subordinate voting shares ("Class A Shares"), at a price per share of C$12.24 (or US$11.72), being the market price of the Class A Shares at the time of the signature of the sale and purchase agreement.

The purchase price for the Bel Air acquisition was US$125 million, of which approximately US$10 million is payable to the Bel Air selling partners by the issuance by Fiera of new Class A Shares in three tranches over a 32-month period from the closing date (the "Tranche Issuances"), the first of which occurred today.

In connection with Fiera's issuance of Class A Shares to the Bel Air selling partners as partial consideration for the Bel Air acquisition, National Bank of Canada ("NBC") exercised its anti-dilution rights under the investor rights agreement between Fiera and NBC dated April 2, 2012, to maintain its ownership percentage of at least 35% of the issued and outstanding Class A Shares and Class B special voting shares of Fiera at all relevant times. Therefore, Fiera has issued to Natcan Investment Management Inc., a wholly-owned subsidiary of NBC, 149,469 Class A Shares at the same price per share as the Class A Shares issued today to the Bel Air selling partners.

About Fiera Capital Corporation

Fiera Capital Corporation is a leading publicly traded, independent investment firm. The Firm is one of only a handful of full service, multi-product investment firms in Canada, offering clients a proven top tier track record in Canadian and foreign equity and fixed income management as well as depth and expertise in asset allocation and non-traditional investments. www.fieracapital.com

Additional information relating to the Firm, including the Firm's annual information form, is on SEDAR at www.sedar.com.

SOURCE Fiera Capital Corporation




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