Canadian Life Companies Split Corp. Announces Special Meeting of Shareholders
February 21 2012 - 4:46PM
Marketwired
The Board of Directors of Canadian Life Companies Split Corp. (the
"Company") today announced that a special meeting of the holders of
the Company's Preferred Shares and Class A Shares will be held at
10:00 a.m. (Eastern standard time) on April 16, 2012. The purpose
of the meeting is to consider a special resolution to approve a
reorganization of the Company which includes among other things, a
capital reorganization of the Preferred Shares and extending the
mandatory termination date for the Company from December 1, 2012 to
December 1, 2018. Shareholders of record at the close of business
on March 6, 2012 will be provided with the notice of meeting and
management information circular in respect of the meeting and will
be entitled to vote at the meeting. Details of the matters to be
voted on at the special meeting will be provided in the management
information circular for the meeting to be mailed to shareholders
on or about March 16, 2012.
The Company invests in a portfolio of four publicly traded
Canadian life insurance companies as follows: Great-West Life,
Industrial Alliance, Manulife Financial and Sun Life Financial.
Shares held within the portfolio are expected to range between
10-30% in weight but may vary at any time.
Contacts: Canadian Life Companies Split Corp. Investor Relations
416-304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)
www.lifesplit.com
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