Change of Name
September 29 2009 - 9:35AM
UK Regulatory
TIDMCCI
Canaccord announces corporate rebranding
"Canaccord Financial Inc." effective December 1, 2009
VANCOUVER, Sept. 29 /CNW/ - Today, Canaccord Capital Inc. (CCI: TSX and
AIM) announces that its Board of Directors has approved the change of its name
to "Canaccord Financial Inc." effective December 1, 2009.
"Becoming Canaccord Financial is an important step forward in the
continual evolution of our firm. This new name is a clear reflection of the
broad scope and diversity of our operations, and positions our brand to
accommodate our future growth," said Paul Reynolds, President and CEO of
Canaccord Capital Inc. "With our strong, liquid balance sheet and commitment
to client service, Canaccord Financial is focused on providing solutions to
investors that leverage our global perspective and local expertise."
To reflect this change, Canaccord's ticker symbols will change in early
December from CCI to CF on the TSX and from CCI to CF on AIM, a market
operated by the London Stock Exchange.
Furthermore, as part of this initiative, certain other corporations of
the Canaccord group will change their registered and business names on
December 1, 2009. Canaccord Capital Corporation, the wholly owned subsidiary
of Canaccord Capital Inc. which is the principal operating company in Canada,
will change its name to "Canaccord Financial Ltd." Canaccord Financial
Services Ltd., the wholly owned subsidiary of Canaccord Capital Inc. focused
on insurance services, will change its name to "Canaccord Insurance Services
Ltd."
In connection with the name changes, Canaccord has created a dedicated
forum for investor relations and corporate news, www.canaccordfinancial.com.
The information required by AIM rule 26 and other regulatory disclosures are
available on this website as of September 29, 2009.
ABOUT CANACCORD CAPITAL INC.:
Through its principal subsidiaries, Canaccord Capital Inc. (TSX & AIM:
CCI) is a leading independent, full-service investment dealer in Canada with
capital markets operations in the United Kingdom and the United States.
Canaccord is publicly traded on both the Toronto Stock Exchange and AIM, a
market operated by the London Stock Exchange. Canaccord has operations in two
of the principal segments of the securities industry: capital markets and
private client services. Together, these operations offer a wide range of
complementary investment products, brokerage services and investment banking
services to Canaccord's private, institutional and corporate clients.
Canaccord has 31 offices worldwide, including 24 Private Client Services
offices located across Canada. Canaccord Adams, the international capital
markets division, has operations in Toronto, London, Boston, Vancouver, New
York, Calgary, Montreal, San Francisco, Houston, and Barbados.
For further information: North America Media: Scott Davidson, Managing
Director, Global Head of Marketing & Communications, Phone: (416) 869-3875,
email: scott_davidson(at)canaccord.com; Investor relations inquiries: Joy
Fenney, Vice President, Investor Relations & Communications, Phone: (416)
869-3515, email: joy_fenney(at)canaccord.com; UK Media: Bobby Morse or Ben
Willey, Buchanan Communications (London), Phone: +44 (0) 207 466 5000, email:
bobbym(at)buchanan.uk.com; Nominated Adviser and Broker: Marc Milmo or Jonny
Franklin-Adams, Fox-Pitt, Kelton Limited, Phone: +44 (0) 207 663 6000, email:
marc.milmo(at)fpk.com
(CCI. CCI)
END
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