Lifeco Split issues call to redeem 34,146 preferred shares on July 29

By Toni Weeks

San Diego, July 5 - Lifeco Split Corp. Inc. said it has issued a call to redeem 34,146 preferred shares on July 29 at a redemption price of C$36.84 for each preferred.

According to a press release, the shares to be redeemed represent about 11.435% of the outstanding preferreds. The redemption will occur on a pro rata basis, so that each holder of preferreds on record as of July 28 will have about 11.435% of their shares redeemed.

The redemption is in connection with the special annual retraction of 68,292 capital shares by the holders.

Lifeco Split is a mutual fund corporation managed by Toronto-based Scotia Capital Inc.

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