Nasdaq Announces Spin off/Distribution Information for FirstService Corporation
OREANDA-NEWS. May 22, 2015. An EX date for FirstService Corporation Subordinate Voting Shares (FSRV) has been established for the separation of FirstService Corporation into two public corporations: new FirstService Corporation and Colliers International Group Inc. Holders of each FirstService Corporation subordinate voting share will receive one subordinate voting share of new FirstService Corporation. Holders will continue to hold their shares of existing FirstService Corporation, which will be renamed Colliers International Group Inc.
Please note there will not be a when-issued market for either the parent or the spin-co of this distribution.
FirstService Corporation has announced a spin- off of new FirstService Corporation. The details of the distribution are as follows:
Company/ Parent: | FirstService Corporation |
---|---|
Issue: | Subordinate Voting Shares |
CUSIP: | 33761N109 |
Symbol: | FSRV |
Record Date: | May 29, 2015 |
Payment Date: | June 1, 2015 |
EX Date: | June 2, 2015 |
Due Bill Redemption Date: | June 4, 2015 |
Ratio of Spin-Off: |
One (1) share of new FirstService Corporation for every one (1) share of FirstService Corporation Subordinate Voting Shaares held. |
For information regarding this announcement, contact Nasdaq Corporate Data Operations at +1 877 308 0523.
If you would like to register as a market maker in FSRV, contact Nasdaq Trading Services at +1 212 231 5100.
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