AllBanc Split Corp. Announces Redemption Prices and De-listing of Capital Shares and Preferred Shares
March 08 2018 - 2:57PM
PR Newswire (Canada)
TORONTO, March 8, 2018 /CNW/ - Scotia Managed Companies
Administration Inc., as administrator of AllBanc Split Corp.
(the "Company"), announced today that the redemption prices for all
outstanding Capital Shares and Preferred Shares to be paid on
March 9, 2018 are as follows:
Redemption Price per Preferred Share: $31.64
Redemption Price per Capital Share: $75.7558
Holders of 39,754 Capital Shares requested delivery of and will
receive their pro rata share of portfolio shares in payment for
their Capital Shares.
AllBanc Split Corp. is a mutual fund corporation created to hold
a portfolio of publicly listed common shares of selected Canadian
chartered banks. Class A Capital Shares, and Class C Preferred
Shares of AllBanc Split Corp. are listed for trading on The Toronto
Stock Exchange under the symbols ABK.A and ABK.PR.C respectively.
The Capital Shares and Preferred Shares will be de-listed from the
TSX as at the close of trading on March 9,
2018.
SOURCE Allbanc Split Corp.
Copyright 2018 Canada NewsWire