Trident Performance Corp. II Makes a Normal Course Issuer Bid
TSX Symbol: TCZ
TORONTO, Aug. 30, 2012 /CNW/ - Trident Performance Corp. II (the "Corporation") intends to purchase for cancellation up to 154,442 of its Class A Shares by way of a normal course issuer bid through the facilities of The Toronto Stock Exchange. The 154,442 Class A Shares represent 10% of the public float of the Corporation being 1,544,415 Class A Shares as at August 22, 2012. The number of issued and outstanding Class A Shares as at August 22, 2012 is 1,544,415. The Corporation did not purchase any Class A Shares during the past 12 months.
The purchases may commence on September 1, 2012 and will terminate on August 31, 2013, or on such earlier date as the Corporation may complete its purchases pursuant to a notice of intention filed with The Toronto Stock Exchange or provide notice of termination. Any such purchases will be made by the Corporation at the prevailing market price at the time of such purchases in accordance with the requirements of The Toronto Stock Exchange. The Corporation will not purchase in any given 30-day period, in aggregate, more than 30,888 Class A Shares, being 2% of the issued and outstanding Class A Shares as of the date hereof.
SOURCE: CI Financial Corp.For further information:
David C. Pauli
CI Investments Inc.
Toll Free: 1-800-268-9374