TORONTO, Jan. 3, 2014 /CNW/ - Canaccord Genuity Group Inc. (the
"Company") (TSX: CF, LSE: CF.) wishes to announce that for the period
from December 30, 2013, to December 31, 2013, it purchased 44,256 of
its common shares through the facilities of the TSX and alternative
trading systems pursuant to the normal course issuer bid
(NCIB)/buy-back programme announced on August 8, 2013.
The highest and lowest daily average price paid for the purchased shares
was $6.9572 and $6.8494 per common share respectively and the volume
weighted average price per common share was $6.8928.
The Company has so far purchased 1,694,248 common shares under the NCIB
which authorizes it to purchase up to 5,136,948 of its common shares
between August 13, 2013 and August 12, 2014. Of these shares, 413,500
were cancelled effective as of December 31, 2013, 1,210,036 had been
cancelled on or before November 30, 2013, and the remaining 70,712 will
be held in treasury until they are cancelled within the next 60 days.
In addition, 954 common shares were cancelled under the BGF Escrow
Agreement entered into in connection with the acquisition of BGF
Capital Group Pty Ltd.
For the purposes of the Financial Conduct Authority's Disclosure and
Transparency Rules, the Company announces that as at December 31, 2013,
the total number of common shares in issue was 101,818,941 with each
share carrying the right to one vote. This total may be used by
shareholders in the Company as the denominator for the calculations by
which they will determine if they are required to notify their interest
in, or a change in their interest in, the share capital of the Company
under the FCA's Disclosure and Transparency Rules.
ABOUT CANACCORD GENUITY GROUP INC.:
Through its principal subsidiaries, Canaccord Genuity Group Inc. (the
"Company") is a leading independent, full-service financial services
firm, with operations in two principal segments of the securities
industry: wealth management and capital markets. Since its
establishment in 1950, the Company has been driven by an unwavering
commitment to building lasting client relationships. We achieve this by
generating value for our individual, institutional and corporate
clients through comprehensive investment solutions, brokerage services
and investment banking services. The Company has offices in 11
countries worldwide, including Wealth Management offices located in
Canada, Australia, the UK and Europe. Canaccord Genuity, the
international capital markets division, operates in Canada, the US, the
UK, France, Germany, Ireland, Hong Kong, mainland China, Singapore,
Australia and Barbados. To us there are no foreign markets.TM
Canaccord Genuity Group Inc. is publicly traded under the symbol CF on
the TSX and the symbol CF. on the London Stock Exchange.
SOURCE: Canaccord Genuity Group Inc.
For further information:
North America media:
Executive Vice President, Global Head of Corporate Development and Strategy
Phone: 416-869-3875, email: firstname.lastname@example.org
For investor relations inquiries contact:
Manager, Investor Relations & Communications
Phone: 416-687-5507, email: email@example.com
Bobby Morse or Ben Romney
Phone: +44 (0) 207 466 5000, email: firstname.lastname@example.org
RBC Europe Limited
Phone: +44 (0) 20 7653 4000, email: email@example.com