I guess the headline really says it all! Scotia has announced that:
a syndicate of investment dealers led by Scotia Capital Inc. have fully exercised the over-allotment option to purchase an additional 1.8 million, 4.50% non-cumulative Preferred Shares Series 15 of the Bank at a price of $25.00 per share. It is expected that the closing for the additional 1.8 million shares will occur on April 17, 2007. After the closing of the additional shares, when combined with the existing 12 million shares, there will be a total of 13.8 million of the Preferred Shares Series 15 trading on the Toronto Stock Exchange under the symbol BNS.PR.M.