World Financial Split Corp.

World Financial Split Corp.

October 17, 2014 11:42 ET

World Financial Split Corp. Announces Normal Course Issuer Bid

TORONTO, ONTARIO--(Marketwired - Oct. 17, 2014) - World Financial Split Corp. (TSX:WFS) (TSX:WFS.PR.A) (the "Fund") has filed a Notice of Intention to make a normal course issuer bid to purchase up to 235,455 Class A Shares and 235,455 Preferred Shares representing approximately 10% of the public float of 2,354,556 Class A Shares and 2,354,556 Preferred Shares, as of September 30, 2014. The Fund may purchase up to 47,091 of each respective class of shares in any 30 day period which is 2% of the 2,354,556 shares issued and outstanding of each respective class as at September 30, 2014.

The shares may be purchased for cancellation from October 22, 2014 to October 21, 2015 through the facilities of the TSX or other eligible alternative market and may only be purchased together as a Unit (consisting of one Class A Share and one Preferred Share) at a price per share not exceeding the last published net asset value per Unit. The Directors of the Fund believe that such purchases are in the best interest of the Fund and are a desirable use of its available funds. The Fund has not purchased any Class A Shares or Preferred Shares during the previous year pursuant to any issuer bid.

David Roode President, Fund Services

Contact Information

  • Strathbridge Asset Management Inc.
    Investor Relations
    416.681.3966 or toll free at 1.800.725.7172