With our focus on ingenuity, we are constantly challenging the status quo in our offerings to clients, our technology innovation and our approach to deals.
Mar 23, 2016
For Immediate Release
Toronto, Ontario, March 23, 2016 – First National Financial Corporation (“First National”) (TSX: FN, TSX: FN.PR.A) today announced that 1,112,853 of its 4,000,000 issued and outstanding cumulative 5-year rate reset Class A Preference Shares, Series 1 (“Series 1 Preference Shares”) were tendered for conversion, on a one-for-one basis, into cumulative floating rate Class A Preference Shares, Series 2 (“Series 2 Preference Shares”). Effective April 1, 2016, the Company will have 2,887,147 Series 1 Preference Shares and 1,112,853 Series 2 Preference Shares outstanding and issued. The Series 1 Preference Shares will continue to be listed on the Toronto Stock Exchange (“TSX”) under the symbol FN.PR.A. The Series 2 Preference Shares will be listed on the TSX under the symbol FN.PR.B.
- 30 -
Chief Financial Officer
First National Financial Corporation