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Gold/Mining/Energy : CGI Group (GIB.A) - -- Ignore unavailable to you. Want to Upgrade?


To: BM who wrote (338)5/1/1998 6:26:00 PM
From: BM  Read Replies (1) | Respond to of 1673
 
FIDELITY PURCHASES CGI GROUP INC. CLASS A COMMON STOCK


BOSTON, May 1 /CNW/ -- Fidelity Management & Research Company (FMR)
and Fidelity Management Trust Company (FMTC), 82 Devonshire Street, Boston,
Massachusetts, announced that certain open-end investment companies of which
FMR serves as investment manager and certain institutional accounts for which
FMTC serves as investment manager have in public transactions purchased
CGI Group Inc. Class A Sub-Voting common stock. The Class A common stock
purchased, together with previously acquired shares, represents 10.06% of the
issued shares of such class.

Fidelity fund and trust account purchases have been made for investment;
the Fidelity funds and trust accounts may, subject to market conditions, make
additional investments in or dispositions of securities of CGI Group Inc. in
the future, including additional purchases of the Class A common stock. FMR
and FMTC do not, however, intend to acquire 20% of any class of the
outstanding voting or equity securities of CGI Group Inc.


For further information: Heather Whyte of Fidelity, 416-307-5338