Canaccord Financial Inc - Canaccord Financial Inc. discloses transaction
Canaccord Financial Inc. discloses transaction in own shares under normal
course issuer bid/buy-back programme and total voting rights
TORONTO, June 3, 2013 /CNW/ - Canaccord Financial Inc. (the "Company", TSX: CF,
LSE: CF.) wishes to announce that during the week of May 27, 2013, it purchased
133,868 of its common shares through the facilities of the TSX and alternative
trading systems in accordance with the requirements of the TSX, pursuant to the
normal course issuer bid (NCIB)/buy-back programme announced on August 8, 2012.
The highest and lowest price paid for the purchased shares was $6.0475 and
$6.1273 per common share respectively and the volume weighted average price per
common share was $6.0904.
For the purposes of the Financial Conduct Authority's Disclosure and
Transparency Rules, the Company announces that as at May 31, 2013, the total
number of common shares in issue was 103,544,268 with each share carrying the
right to one vote. The 133,868 shares purchased in the NCIB will be cancelled
but until then are held in treasury. The total of 103,410,400 common shares may
therefore be used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of the Company
under the FCA's Disclosure and Transparency Rules.
The Company has so far purchased 133,868 common shares under the existing NCIB
which authorizes it to purchase up to 3,000,000 of its common shares between
August 13, 2012 and August 12, 2013.
SOURCE: Canaccord Financial Inc.
For further information:
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
(CF. CF)
