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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.


TSX:BNK - Post by User

Post by PreferGolfon Mar 26, 2016 11:15am
211 Views
Post# 24701858

Insider share bought

Insider share boughthttps://www.canadianinsider.com/company?menu_tickersearch=BNK%20%7C%20Bankers%20Petroleum


As of 11:59pm ET March 25th, 2016 Filing
Date Transaction
Date Insider Name Ownership
Type Securities Nature of transaction Volume or Value Price Mar 24/16 Mar 24/16 Gustafsson, Kristofer Carl Direct Ownership Common Shares 10 - Acquisition in the public market 25,000 $1.82
Mar 24/16 Mar 24/16 Assmus, Lyndon Bayne Direct Ownership Common Shares 10 - Acquisition in the public market 20,000 $1.82
Mar 24/16 Mar 24/16 Gupta, Suneel Krishan Direct Ownership Common Shares 10 - Acquisition in the public market 100,000 $1.83
Mar 23/16 Mar 23/16 Pawluk, Richard Walter Control or Direction Common Shares 10 - Acquisition in the public market 26,900 $1.83
Mar 23/16 Mar 23/16 Pawluk, Richard Walter Indirect Ownership Common Shares 10 - Acquisition in the public market 55,000 $1.83
Mar 23/16 Mar 23/16 Pawluk, Richard Walter Direct Ownership Common Shares 10 - Acquisition in the public market 25,000 $1.84
Mar 23/16 Mar 23/16 French, David Direct Ownership Common Shares 10 - Acquisition in the public market 20,000 $1.83
Mar 23/16 Mar 23/16 Urch, Douglas Charles Direct Ownership Common Shares 10 - Acquisition in the public market 20,000 $1.84 - See more at: https://www.canadianinsider.com/company?menu_tickersearch=BNK%20%7C%20Bankers%20Petroleum#sthash.001vtPFD.dpuf
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