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Bullboard - Stock Discussion Forum Ravelin Properties REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.RPR.UN


Primary Symbol: T.RPR.DB Alternate Symbol(s):  SLTTF | T.RPR.DB.A | T.RPR.DB.B

TSX:RPR.DB - Post Discussion

Post by divime1 on Jan 06, 2025 12:42pm

Reply from TD

When a security goes through a corporate action such as a stock split, name change etc we must wait to receive the replacement shares from the company's transfer agent and for the update to be reflected on WebBroker.

• online trading is not available until the new shares have been received and deposited to your account.
Comment by HRc60to65 on Jan 08, 2025 10:16am
Today I send an e-mail to TSX Trust Company and to ir@ravelinreit.com because the debentures symbols are not yet changed in my Bank Nationale Courtage Direct.
Comment by HRc60to65 on Jan 08, 2025 10:50am
The answer of ir@ravelinreit.com: ''I have received several communications from different people.    My understanding is that each dealer has to address it with their back office. However I will check with the REITs legal counsel if there is anything we can do on our end.    Regards  Shant  ''
Comment by HRc60to65 on Jan 08, 2025 4:45pm
Last answer: This is from our legal counsel:   'At the time of the name change, CDS sent out a notification for the brokers to update the REIT’s CUSIP and name on their records. No further steps need to be taken in order for holders to be able to trade on the securities. There are no physical certificates that need to be updated. Investors should review their broker accounts (which ...more  
Comment by Tree2tree on Jan 08, 2025 5:23pm
So it's just everyday incompetence at some brokers, nothing more.
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