Canaccord Genuity Group Inc. announces completion of delisting from the London Stock Exchange
TORONTO, April 1, 2016 - Canaccord Genuity Group Inc. (the "Company") announces today that pursuant to its announcement on March 1, 2016, the Company applied to each of the UK Listing Authority and the London Stock Exchange for the cancellation of its common shares listed on the standard listing segment of the Official List of the UK Listing Authority and admitted to trading on London Stock Exchange plc's main market for listed securities. The Company hereby announces that such delisting took effect from 8:00 a.m. (London time) on April 1, 2016.
The Company will maintain its listing on the Toronto Stock Exchange (TSX) and, on and after April 1, 2016, shareholders of the Company resident in the United Kingdom will continue to be able to trade the Company's common shares through the TSX.
CREST members holding the Company's CREST Depositary Interests ("CDIs") can continue to do so and can settle trades that took place on the TSX by either delivering the CDIs to another CREST participant or instructing Euroclear to deliver the underlying shares, representing the CDIs, to a member participant of the Canadian Depository for Securities ("CDS"). Investors requiring further information regarding this process are encouraged to seek assistance from Euroclear UK and Ireland (see website at https://my.euroclear.com).
Clients of CREST members wishing to hold shares in their own name on the principal Canadian register and not to continue to hold them as CDIs through the CREST member will need to advise the CREST member to instruct Euroclear to deliver the shares to the CREST member's Canadian counterpart (CDS Participant) and then arrange for that counterpart to re-materialise the securities onto the principal register in Canada in Direct Registration System ("DRS") form.
ABOUT CANACCORD GENUITY GROUP INC.:
Through its principal subsidiaries, Canaccord Genuity Group Inc. (the "Company") is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets. Since its establishment in 1950, the Company 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. The Company has offices in 10 countries worldwide, including Wealth Management offices located in Canada, Australia, the UK, Guernsey, Jersey, and the Isle of Man. Canaccord Genuity, the international capital markets division, operates in Canada, the US, the UK, France, Ireland, Hong Kong, China, Singapore, Australia and Dubai. To us there are no foreign markets.TM
Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSX.
FOR FURTHER INFORMATION CONTACT:
For investor and media relations inquiries:
Christina Marinoff
Vice President, Investor Relations & Communications
Phone: 416-687-5507, email: christina.marinoff@canaccord.com
London media:
Robert Morgan
Teneo Strategy
Phone: +44 (0) 20 7240 2486, email: robert.morgan@teneostrategy.com
(CF. CF)