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Canaccord Financial Inc - Director/PDMR Shareholding

CF
Canaccord Financial Inc - Director/PDMR Shareholding

CANACCORD FINANCIAL INC. DISCLOSES SHARE DEALINGS

TORONTO, May 23, 2013 - Canaccord Financial Inc. (the "Company") announces that Dipesh Shah, an independent director, was on May 22, 2013, awarded 3,015.46 Deferred Share Units ("DSUs") in respect of his service as a director between the date of his appointment as a director on November 7, 2012, and March 31, 2013. A DSU is a book-keeping entry that tracks the value of one common share of the Company. DSUs are paid out in cash when the director leaves the board of directors of the Company but does not give any rights to receive common shares.

ABOUT CANACCORD FINANCIAL INC.:

Through its principal subsidiaries, Canaccord Financial Inc. is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and global capital markets. Since its establishment in 1950, Canaccord has been driven by an unwavering commitment to building lasting client relationships. We achieve this by generating value for our individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. Canaccord has offices in 13 countries worldwide, including Wealth Management offices located in Canada, Australia, the UK and Europe. Canaccord Genuity, the international capital markets division, operates in Canada, the US, the UK, France, Germany, Ireland, Italy, Hong Kong, mainland China, Myanmar, Singapore, Australia and Barbados.

Canaccord Financial Inc. is publicly traded under the symbol CF on the TSX and the symbol CF. on the London Stock Exchange.

FOR FURTHER INFORMATION CONTACT:

 North America media: Scott Davidson Executive Vice President, Global Head of Corporate Development and Strategy Phone: 416-869-3875, email: scott.davidson@canaccord.com     

For investor relations inquiries contact:

Jamie Kokoska Vice President, Investor Relations & Communications Phone: 416-869-3891, email: jamie.kokoska@canaccord.com

 London media: Bobby Morse or Ben Romney Buchanan (London) Phone: +44 (0) 207 466 5000, email: bobbym@buchanan.uk.com     

Broker:

 Oliver Hearsey or James Kelly RBC Europe Limited Phone: +44 (0) 20 7653 4000, email: oliver.hearsey@rbccm.com