TORONTO: C.A.
Bancorp Inc. (the “Company”) is pleased to announce that its common
shares are now listed for trading on the Toronto Stock Exchange. The
Company is also pleased to announce that its common shares are now
trading on a consolidated basis, effective April 30, 2007.
Consolidation 10 to 1:
For every 10 pre-consolidation common shares, shareholders of the
Company received one post-consolidation common share. No fractional
shares were issued. In the event that the consolidation would have
resulted in a holder of common shares otherwise becoming entitled to a
fraction of a common share, such fraction of a common share was rounded
up to the next whole common share. Management believes that the
consolidation will help raise the share price to more attractive
levels, reduce the shareholder transaction costs and improve trading
liquidity.
Trading symbol: The Company’s trading symbol remains BKP.
C.A. Bancorp Inc.:
C.A. Bancorp Inc., a Toronto-based merchant bank and alternative asset
investment manager, is involved in transactions with both private and
public companies across a range of industries, predominantly in Canada,
with a specific focus on mid-market investments in industrial, real
estate, infrastructure and financial services. C.A. Bancorp conducts
its business through two areas of focus: direct investing, and asset
management for the institutional, high-net-worth and retail markets.
Sentry Select Capital Corp.: Sentry
Select Capital Corp. provides management and administrative services to
C.A. Bancorp. Sentry Select is a Canadian wealth management company who
manages approximately $8 billion in gross assets as of March 31, 2007.
The company offers a diverse range of investment products including
closed-end trusts, mutual funds, principal-protected notes and
flow-through limited partnerships, covering a variety of domestic and
global mandates. Sentry Select provides management and advisory
services to over 25 exchange listed entities.
More information :
Mark Gardhouse, President or Paolo De Luca, Chief Financial Officer
1-866-388-5985 Fax: 416-364-2398
info@cabancorp.com
www.cabancorp.com
|