LSC.PR.C Partial Call for Redemption

Lifeco Split Corporation has announced:

that it has called 10,107 Preferred Shares for cash redemption on July 31, 2008 (in accordance with the Company’s Articles) representing approximately 2.477% of the outstanding Preferred Shares as a result of the special annual retraction of 77,114 Capital Shares by the holders thereof. The Preferred Shares shall be redeemed on a pro rata basis, so that each holder of Preferred Shares of record on July 30, 2008 will have approximately 2.477% of their Preferred Shares redeemed. The redemption price for the Preferred Shares will be $51.19 per share.

LSC.PR.C is not tracked by HIMIPref™.

Update: Thanks to Assiduous Reader cowboylutrell, who pointed out in the comments that this post originally referred to “LSC.PR.A”, which does not exist.

This entry was posted on Thursday, July 17th, 2008 at 6:00 pm 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.

2 Responses to “LSC.PR.C Partial Call for Redemption”

  1. cowboylutrell says:
    July 17, 2008 at 8:42 pm

    I believe there’s a typo: it should be LSC.PR.C instead of LSC.PR.A.

  2. LSC.PR.C: Partial Redemption and Change of Terms « PrefBlog says:
    July 16, 2010 at 6:29 pm

    […] It is not clear to me whether these 15,194 shares are including or in addition to the redemption of 10,107 shares due to unmatched capital unit retractions announced in June. […]

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