Redemption of Preference Shares, Series 3

RNS Number : 2671V

Canadian General Investments Ld

14 April 2016

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX SYMBOLS: CGI, CGI.PR.C, CGI.PR.D

LONDON STOCK EXCHANGE: CGI

April 14, 2016

Canadian General Investments: Redemption of 3.90% Cumulative Redeemable Class A Preference Shares, Series 3 (CGI.PR.C)

Toronto, Canada - Canadian General Investments, Limited ("CGI") announced today that it has provided notice to holders of its $75,000,000 3.90% Cumulative Redeemable Class A Preference Shares, Series 3 (the "Series 3 Shares") that in accordance with the terms of the Series 3 Shares it will redeem all of the issued and outstanding Series 3 Shares on June 10, 2016 (the "Redemption Date"), for a price of $25.00 per Series 3 Share plus all accrued and unpaid dividends (from and including the last scheduled dividend payment date, March 15, 2016, to, but excluding, the Redemption Date, and being in the amount of $0.23240 per share).

FOR FURTHER INFORMATION PLEASE CONTACT:

Canadian General Investments, Limited

Jonathan A. Morgan

President and CEO

Phone: [phone]

Fax: [phone]

e-mail: [e-mail]

website: www.canadiangeneralinvestments.ca

 

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