Dundee Corporation has announced:
that, further to its earlier press releases (December 14, 2012, April 15, 2013 and May 15, 2013), the proposed corporate restructuring, through a tax efficient statutory plan of arrangement (the “Arrangement”), has received the requisite shareholder approval at the Corporation’s annual and special meeting of shareholders held today (the “Meeting”). The Arrangement was approved by 98.66% of the Class A Subordinate Voting Shares of the Corporation voted at the Meeting, 100% of the Class B Common Shares of the Corporation voted at the Meeting and 98.26% of the First Preference Shares, Series 1 of the Corporation voted at the Meeting. As required under Canadian securities laws, the Arrangement was also approved by 98.57% of the Class A Subordinate Voting Shares of the Corporation voted at the Meeting, excluding shares held by “interested parties” and “control persons” of the Corporation.
The details of the Arrangement were discussed on PrefBlog in an earlier post.
DC.PR.A is tracked by HIMIPref™ but relegated to the Scraps index as none of the agencies rate the issue.
This entry was posted on Friday, May 17th, 2013 at 12:21 am and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed.
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DC.PR.A Arrangement Approved By Shareholders
Dundee Corporation has announced:
The details of the Arrangement were discussed on PrefBlog in an earlier post.
DC.PR.A is tracked by HIMIPref™ but relegated to the Scraps index as none of the agencies rate the issue.
This entry was posted on Friday, May 17th, 2013 at 12:21 am and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.