DFN.PR.A Secondary Offering Successful

Quadravest Capital Management Inc. has announced:

Dividend 15 Split Corp. (the “Company”) is pleased to announce that it has completed the overnight marketing of up to 1,866,380 Preferred Shares and up to 1,866,380 Class A Shares. Total proceeds of the offering are expected to be approximately $38 million [Footnote]. Due to strong demand the Company increased the size of the offering from its original target. The offering was co-led by National Bank Financial, CIBC World Markets and RBC Capital Markets and also included BMO Nesbitt Burns Inc. and TD Securities Inc. The sales period of this overnight offering has now ended.

[Footnote reads:] (1) Offering includes public transaction and private placement

The overnight offering was reported on PrefBlog yesterday.

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