{"id":4277,"date":"2008-12-02T18:43:55","date_gmt":"2008-12-02T22:43:55","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=4277"},"modified":"2008-12-02T18:43:55","modified_gmt":"2008-12-02T22:43:55","slug":"enpra-partial-call-for-redemption-2","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=4277","title":{"rendered":"EN.PR.A: Partial Call for Redemption"},"content":{"rendered":"<p>Energy Split Corp. II <a href=\"http:\/\/www.scotiamanagedcompanies.com\/mcapp\/EN_12_01_2008.pdf?FILE=EN_12_01_2008.pdf&#038;TYPE=PRESS_RELEASE&#038;CONTENT_TYPE=pdf\">has announced<\/a>:<\/p>\n<blockquote><p>it has called 26,750 ROC Preferred Shares for cash redemption on December 16, 2008 (in accordance with the Company\u2019s Articles) representing approximately 2.655% of the outstanding ROC Preferred Shares as a result of the special annual retraction of 403,700 Capital Yield Shares by the holders thereof. The ROC Preferred Shares shall be redeemed on a pro rata basis, so that each holder of ROC Preferred Shares of record on December 15, 2008 will have approximately 2.655% of their ROC Preferred Shares redeemed. The redemption price for the ROC Preferred Shares will be $13.74 per share.<\/p>\n<p>Holders of ROC Preferred Shares that are on record for dividends but have been called for redemption will be entitled to receive dividends thereon which have been declared but remain unpaid up to but not including December 16, 2008.<\/p>\n<p>Payment of the amount due to holders of ROC Preferred Shares will be made by the Company on December 16, 2008. From and after December 16, 2008 the holders of ROC Preferred Shares that have been called for redemption will not be entitled to dividends or to exercise any right in respect of such shares except to receive the amount due on redemption.<\/p><\/blockquote>\n<p>EN.PR.A was last mentioned on HIMIPref&trade; when <a href=\"http:\/\/www.prefblog.com\/?p=1584\">they were subdivided<\/a> to reflect differing rates of retraction when the term was extended last year.<\/p>\n<p>EN.PR.A is tracked by HIMIPref&trade;. It is incorporated in the &#8220;Scraps&#8221; sub-index rather than &#8220;SplitShare&#8221; due to volume concerns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Energy Split Corp. II has announced: it has called 26,750 ROC Preferred Shares for cash redemption on December 16, 2008 (in accordance with the Company\u2019s Articles) representing approximately 2.655% of the outstanding ROC Preferred Shares &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-4277","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/4277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4277"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/4277\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}