Examples of Corporation Affected Preference Shares in a sentence
Upon the cancellation of the Corporation Affected Preference Shares pursuant to subsection 3.1(c) of this Plan of Arrangement, appropriate entries will be made in the register of holders of Corporation Class C Shares and Corporation Class D Shares.
Until completion of the Arrangement on December 9, 2022, the Corporation Affected Preference Shares will continue to trade on the TSX under the symbols in “BAM.PR.E” (Series 8) and “BAM.PR.G” (Series 9).
If you are a non-registered holder of Corporation Affected Preference Shares, you do not need to take further steps to receive the consideration to which you are entitled under the Arrangement.
The following table sets forth, for the calendar periods indicated, the intraday high and low sale prices and composite volume of trading of the Corporation Affected Preference Shares as reported on the TSX.
Holders of Corporation Affected Preference Shares will not be entitled to receive any fractional interest in a Class A Share, and those holders who would otherwise be entitled to a fractional Class A Share will instead receive a cash payment.
The Corporation has confirmed that the ratings for the Corporation New Preference Shares will be the same as the ratings for the Corporation Affected Preference Shares.
Pursuant to the Arrangement, holders of Corporation Affected Preference Shares will receive for each Corporation Affected Preference Share held a dividend through to (but excluding) the Effective Date, a fraction of a Manager Class A Share and a Corporation New Preference Share.
Table of ContentsTrading Price and Volume of Corporation Shares The Corporation Class A Shares are co-listed on the NYSE under the symbol “BAM” and the TSX under the symbol “BAM.A.” The Corporation Affected Preference Shares are listed on the TSX under the symbols “BAM.PR.E” (Series 8) and “BAM.PR.G” (Series 9).
If you are a registered holder of Corporation Affected Preference Shares, you are required to complete and return a letter of transmittal to TSX Trust Company, together with the certificates representing your Corporation Affected Preference Shares, in order to receive the consideration to which you are entitled under the Arrangement.