Financial 15 Split Corp.: Retraction Right - Preferred Shareholders
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 09/25/15 -- Financial 15 Split Corp. ("Financial 15") reminds holders of Preferred Shares that, as approved at the May 14, 2014 special meeting, they were given an additional voluntary Retraction Right effective November 30, 2015. A Shareholder who retracts a Preferred Share under the Retraction Right will receive a retraction price per Preferred Share equal to the lesser of (i) $10.00, and (ii) the net asset value per Unit calculated on November 30, 2015. As of September 25, 2015 the current market price is higher than the price they would receive if they exercised this voluntary right.
Shareholders wishing to take advantage of the Retraction Right must surrender their Preferred Shares for retraction no later than the close of business on November 13, 2015.
Payment for the Preferred Shares so tendered for retraction pursuant to the Retraction Right will be made no later than December 15, 2015.
Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.
Contacts:
Investor Relations
416-304-4443
Toll Free at 1-877-4-Quadra (1-877-478-2372)
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 25.09.2015 - 20:00 Uhr
Sprache: Deutsch
News-ID 422739
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Personal Finance
Diese Pressemitteilung wurde bisher 195 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Financial 15 Split Corp.: Retraction Right - Preferred Shareholders"
steht unter der journalistisch-redaktionellen Verantwortung von
Financial 15 Split Corp. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
