Bell Aliant Inc BLIAF

Bell Aliant Shares to BCE-Cash & Tax Election website.

[canucktravellers]

Hope this helps to Clarify the cash and BCE shares when selling into the BCE offer. Also if non-registered shares were sold one can defer the taxes until the BCE shares are sold by completing a form at the Tax Election Website shown below.....Ernie 1. Proration Definition | Investopedia www.investopedia.com/terms/p/proration.asp DEFINITION of 'Proration' A situation during a corporate action in which the available cash or shares are not sufficient to satisfy the offers tendered by shareholders. Therefore, a proportion of both cash and shares is granted for each offer tendered. https://www.bce.ca/investors/shareholder-info/bell-aliant-privatization#question15 Bell Aliant Privatization - Information for Bell Aliant common shareholders On October 3, 2014, BCE announced the successful completion of BCE's offer to purchase all outstanding Bell Aliant publicly held common shares. As all conditions of BCE’s common share offer have been satisfied, and all regulatory approvals have been received, BCE's privatization of Bell Aliant is expected to close on or about October 31, 2014. Under the terms of BCE’s common share tender offer, which expired on October 2, 2014, Bell Aliant common shareholders could elect to receive either: 1. Cash Option ($31 in cash, subject to pro-ration) 2. Share Option (0.6371 of a BCE common share, subject to pro-ration) 3. Cash and Share Option ($7.75 in cash and 0.4778 of a BCE common share) Former holders of Bell Aliant common shares who elected either Option 1 or Option 2 were subject to pro-ration such that the aggregate consideration paid was 25% in cash and 75% in BCE common shares. The share consideration was based on BCE’s 10-day volume weighted average price on July 22, 2014 (the day before announcement of the transaction) of $48.66. As a result, shareholders may have received a combination of cash and BCE common shares in the manner described in the Letter of Instruction and Offer Circular. Here is the website for those who sold their Bell Aliant shares (outside of their RRSP or RIF) to Bell & wish to postpone their Capital Gain until they sell their BCE Shares. https://www.taxelection.ca/bellaliant/