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. -- www.cnxmarketlink.com
Posted March 17th, 2007 by ruzik_tuzik
