LCS.PR.A Brompton Lifeco Split Corp

(TSX:LCS)(TSX:LCS.PR.A) - At a special meeting of preferred and class A
shareholders ("Shareholders") of Brompton Lifeco Split Corp. ("LCS") held today,
shareholders approved a special resolution to extend the term of LCS for
approximately 5 years to April 29, 2019 and thereafter for successive terms of
up to 5 years as determined by the LCS board of directors. Holders of Class A
Shares voted approximately 99% in favour of the extension and holders of
Preferred Shares voted approximately 97% in favour of the extension. The
extension allows Shareholders to continue their investment in LCS' portfolio of
common shares of four Canadian life insurance companies (Great-West Lifeco Inc.,
Industrial Alliance Insurance and Financial Services Inc., Manulife Financial
Corporation and Sun Life Financial Inc.). Shareholders will continue to have
monthly and annual retraction rights. 


In addition to the daily liquidity provided by the TSX listings, shareholders
who do not wish to continue their investment may redeem either their preferred
shares or class A shares on April 30, 2014 and each extension of the term
thereafter on the same terms that currently exist. Further details are available
in the management information circular dated January 15, 2014.


About Brompton Funds

Brompton Funds, a division of Brompton Group, is an experienced investment fund
manager operating since 2002. Brompton is focused on meeting the needs of
investors by offering low cost, innovative products with client friendly terms
and supported by strong corporate governance. For further information, please
contact your investment advisor, call Brompton's investor relations line at
416-642-6000, toll-free at 1-866-642-6001, email info@bromptongroup.com or visit
our website at www.bromptongroup.com. 


Commissions, trailing commissions, management fees and expenses all may be
associated with investment funds. Please read the LCS' publicly filed documents
which are available from SEDAR at www.sedar.com. Investment funds are not
guaranteed, their values change frequently and past performance may not be
repeated. 


Certain statements contained in this news release constitute forward-looking
information within the meaning of Canadian securities laws. Forward-looking
information may relate to matters disclosed in this press release and to other
matters identified in public filings relating to LCS, to the future outlook of
LCS and anticipated events or results and may include statements regarding the
future financial performance of LCS. In some cases, forward-looking information
can be identified by terms such as "may", "will", "should", "expect", "plan",
"anticipate", "believe", "intend", "estimate", "predict", "potential",
"continue" or other similar expressions concerning matters that are not
historical facts. Actual results may vary from such forward-looking information.



FOR FURTHER INFORMATION PLEASE CONTACT: 
Brompton Funds
Investor Relations
416-642-6000 or Toll Free: 1-866-642-6001
info@bromptongroup.com
www.bromptongroup.com

Brompton Lifeco Split (TSX:LCS.PR.A)
Historical Stock Chart
From May 2024 to Jun 2024

Brompton Lifeco Split (TSX:LCS.PR.A)
Historical Stock Chart
From Jun 2023 to Jun 2024