Brief: Brompton Split Banc Corp Announces Details Of Class A Share Split And Concurrent Preferred Share Private Placement

Brompton Split Banc

02/12/2021 01:09

Dec 1 (Reuters) - Brompton Split Banc Corp  SBC.TO :
    * ANNOUNCES DETAILS OF CLASS A SHARE SPLIT AND CONCURRENT
PREFERRED SHARE PRIVATE PLACEMENT
    * FOLLOWING SPLIT, CLASS A SHAREHOLDERS TO CONTINUE 
RECEIVING
CURRENTLY TARGETED MONTHLY DISTRIBUTION OF $0.10PER SHARE
    * CLASS A SHAREHOLDERS TO RECEIVE 25 ADDITIONAL CLASS A
SHARES FOR
EVERY 100 CLASS A SHARES HELD
    * BROMPTON SPLIT BANC- SHARE SPLIT WILL RESULT IN OVERALL
INCREASE
IN DOLLAR AMOUNT OF DISTRIBUTIONS TO BE PAID TO CLASS A
SHAREHOLDERS BY ABOUT 25%
    * RECORD FOR SHARE SPLIT IS DECEMBER 14, 2021

Source text for Eikon:  ID:nGNX9CQ56d 
Further company coverage:  SBC.TO 

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