TSX:EIT.P.A - Post by User
Post by
lgross100on Jan 03, 2022 10:06am
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Post# 34278903
Special Distribution
Special DistributionSo what are we getting money on. Because in 3 paragraphs in a row they use the word pay...
Based on information prepared as of December 20, 2021, the Fund anticipates paying a special distribution (the “Special Distribution”) in the estimated amount of $0.44 per Unit.
The estimated Special Distribution will be payable to unitholders of record as of December 31, 2021, and will be paid on or about January 13, 2022.
The estimated Special Distribution will be paid via issuance of the same class of units of the Fund, and immediately thereafter, issued and outstanding units of the Fund will be consolidated such that the number of issued and outstanding units of the Fund will not change.
We as shareholder have to either see cash or shares to be PAID.