Trez Capital Senior Mortgage Investment Corporation Announces Toronto Stock Exchange Deferral of Consideration of Shareholder Rights Plan
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 03/02/16 -- Trez Capital Senior Mortgage Investment Corporation (the "Company") (TSX: TZS) announced today that the Toronto Stock Exchange (the "TSX") has deferred its consideration for acceptance of the Company''s recently announced Shareholder Rights Plan (the "Rights Plan") until: (i) such time as it determines that the appropriate securities commission will not intervene in the event of any take-over bid for the Company and (ii) the ratification of the Rights Plan by the shareholders of the Company within six months. The Company also understands that, pursuant to TSX policies, acceptance of the Rights Plan by the TSX will also be conditional upon receipt of requisite shareholder approval.
The deferral by the TSX does not affect the adoption or operation of the Rights Plan, which will remain operative and effective until the earlier of the date of the termination of any special meeting called to consider a proposed transaction in respect of the Company and the date that is six months from the effective date of the Rights Plan, unless earlier terminated.
A copy of the Rights Plan is available under the Company''s profile on SEDAR at .
Contacts:
Gary Samuel, Chair of the Special Committee
E:
T: (416) 903-0057
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Datum: 02.03.2016 - 18:00 Uhr
Sprache: Deutsch
News-ID 1419203
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Commercial & Investment Banking
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