TORONTO, March 11, 2016 /CNW/ - Advantaged Preferred Share Trust (the "Trust") (TSX: PRF.UN) announced today that it will terminate the Trust on May 31, 2016 (the "Termination Date") as contemplated by the constating documents of the Trust. The Trust will request that the units of the Trust be delisted from the Toronto Stock Exchange after the close of business on May 31, 2016.
The Trust will distribute to unitholders of record on the Termination Date their pro rata portions of the remaining assets, minus all liabilities, of the Trust. The distribution will be paid on or about June 15, 2016 through CDS Clearing and Depository Services Inc.
SOURCE Advantaged Preferred Share Trust
For further information: please contact Christopher Bean at (416) 842-7705.