Dividend Growth Split Corp.

Dividend Growth Split Corp.

December 19, 2007 10:02 ET

Dividend Growth Split Corp. Closes Over-Allotment

TORONTO, ONTARIO--(Marketwire - Dec. 19, 2007) - Dividend Growth Split Corp. (TSX:DGS)(TSX:DGS.PR.A) is pleased to announce that it has completed the issuance of an additional 29,000 preferred shares at $10 per share and 29,000 class A shares at $15 per share representing total gross proceeds of $725,000. This issuance was pursuant to the exercise of the over-allotment option granted to the agents in connection with the company's recently completed initial public offering. With the exercise of the over-allotment option, the total amount raised by the company was $37,725,000.

The syndicate of agents for the offering was co-led by RBC Capital Markets, CIBC World Markets Inc. and Scotia Capital Inc. and includes TD Securities Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., HSBC Securities (Canada) Inc., Canaccord Capital Corporation, Desjardins Securities Inc., Dundee Securities Corporation, Raymond James Ltd., Wellington West Capital Inc., Blackmont Capital Inc., IPC Securities Corporation and Research Capital Corporation.

For further information, please contact your financial advisor or visit our website at www.bromptongroup.com.

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the fund's publicly filed documents which are available from SEDAR at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Contact Information

  • Brompton Funds Management Limited
    David E. Roode
    Senior Vice-President
    (416) 642-6008
    Website: www.bromptongroup.com