19:04:24 EST Thu 26 Dec 2024
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Propel Holdings Inc
Symbol PRL
Shares Issued 34,400,073
Close 2024-11-15 C$ 35.67
Market Cap C$ 1,227,050,604
Recent Sedar Documents

Propel Holdings subscription receipts delisted

2024-11-15 19:38 ET - Miscellaneous

Further to its bulletin dated Oct. 1, 2024, the Toronto Stock Exchange reports that Propel Holdings Inc. subscription receipts have been delisted, effective at the close on Nov. 15, 2024. According to the TSX, the company has closed the related acquisition, and holders of subscription receipts will receive, for each subscription receipt held: (i) one common share of the company; and (ii) a cash amount equivalent to the dividend per common share payable by the company to holders of common shares of record on Nov. 15, 2024, with payment occurring on Dec. 4, 2024.

As the subscription receipts are uncertificated, holders of subscription receipts need not take any action in order to receive the common shares and dividend equivalent payment to which they are entitled.

For more information, see the company's prospectus supplement dated Sept. 30, 2024, to the short form base shelf prospectus dated May 10, 2024, which is available on SEDAR+.

© 2024 Canjex Publishing Ltd. All rights reserved.