TORONTO, March 16 /CNW/ - Thirty-Five Split Corp. (the "Company")
announced today that it has called 161,165 Preferred Shares for cash
redemption on March 30, 2007 (in accordance with the Company's Articles)
representing approximately 25.175% of the outstanding Preferred Shares as a
result of the special annual retraction of 161,265 Capital Shares by the
holders thereof. The Preferred Shares shall be redeemed on a pro rata basis,
so that each holder of Preferred Shares of record on March 29, 2007 will have
approximately 25.175% of their Preferred Shares redeemed. The redemption price
for the Preferred Shares will be $25.00 per share.
Holders of Preferred Shares that are on record for the dividend but have
been called for redemption will be entitled to receive dividends thereon which
have been declared but remain unpaid up to but not including March 30, 2007.
Payment of the amount due to holders of Preferred Shares will be made by
the Company on March 30, 2007. From and after March 30, 2007 the holders of
Preferred Shares that have been called for redemption will not be entitled to
dividends or to exercise any right in respect of such shares except to receive
the amount due on redemption.
Thirty-Five Split Corp. is a mutual fund corporation created to hold a
portfolio of publicly listed common shares of the companies that make up the
Toronto 35 Index, as detailed on the Company's website. Capital Shares and
Preferred Shares of Thirty-Five Split Corp. are both listed for trading on The
Toronto Stock Exchange under the symbols TFS and TFS.PR.A respectively.
For further information:
For further information: Investor Relations: Thirty-Five Split Corp.,
(416) 945-4535, E-mail: firstname.lastname@example.org, Web site: