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Dundee Corp (DC.A) Class A NPV

Sell:1.43 CAD Buy:1.50 CAD Change: 0.01 CAD (0.67%)
Market closed |  Prices as at close on 16 April 2021 | Switch to live prices |
Tender Offer

Dundee Corp Class A NPV

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 31 Dec 2020)

Dundee Corp wants to return up to CAD20 million to shareholders. To do this the company is offering to buy its shares at a price between CAD1.40 and CAD1.60.


Please see below for a breakdown of the Tender Offer:

 

• You can ask to sell (tender) some or all of your shares at a specific price which is not less than CAD1.40, or greater than CAD1.60 (in increments of CAD0.05, e.g. CAD1.40, CAD1.45, CAD1.50, CAD1.55, etc.) Alternatively you can ask to tender at the eventual purchase price, which will be determined on completion of the offer.

• The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to CAD20 million.

• If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.

• If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender.

• Shareholders holding 99 shares or less who tender their entire holding at a price at or below the eventual purchase price will receive priority under the offer.

• Non-Canadian resident shareholders who sell shares in the offer may receive some of the proceeds as income, subject to Canadian Withholding Tax. We cannot currently estimate the amount that will be treated as income.

• Any proceeds will be converted to USD by CREST, the UK settlement system and then converted to Sterling upon receipt subject to the prevailing exchange rate at that time and our standard currency conversion fees.


What are my options?

 

You can choose whether you wish to tender shares in this offer. The easiest way to do this is online, and the deadline to give an instruction is noon on Tuesday 5 January 2021.

 

Option 1 – Tender a number of shares at a price between CAD1.40 and CAD1.60 (in increments of CAD0.05). In order to participate in this Tender Offer an election must be received in this office by noon on Tuesday 5 January 2021, at which point your tendered shares will be removed from your portfolio. Any election must state the number of shares you wish to tender and the price at which you wish to tender - if you do not state a tender price it will be assumed that you wish to tender a number of shares at the purchase price.

 

Option 2 - Tender a number of shares at the purchase price. Shareholders can tender their shares without specifying a price. Any election must state the number of shares you wish to tender.

 

Option 3 – Take no action. Shareholders are not obliged to tender any number of shares. If you don’t give as an instruction your shares won’t be tendered and your holding will remain unchanged.


Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:1.43 CAD
Buy:1.50 CAD
Change: 0.01 CAD (0.67%)
Market closed |  Prices as at close on 16 April 2021 | Switch to live prices |
Tender Offer

Dundee Corp Class A NPV

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 31 Dec 2020)

Dundee Corp wants to return up to CAD20 million to shareholders. To do this the company is offering to buy its shares at a price between CAD1.40 and CAD1.60.


Please see below for a breakdown of the Tender Offer:

 

• You can ask to sell (tender) some or all of your shares at a specific price which is not less than CAD1.40, or greater than CAD1.60 (in increments of CAD0.05, e.g. CAD1.40, CAD1.45, CAD1.50, CAD1.55, etc.) Alternatively you can ask to tender at the eventual purchase price, which will be determined on completion of the offer.

• The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to CAD20 million.

• If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.

• If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender.

• Shareholders holding 99 shares or less who tender their entire holding at a price at or below the eventual purchase price will receive priority under the offer.

• Non-Canadian resident shareholders who sell shares in the offer may receive some of the proceeds as income, subject to Canadian Withholding Tax. We cannot currently estimate the amount that will be treated as income.

• Any proceeds will be converted to USD by CREST, the UK settlement system and then converted to Sterling upon receipt subject to the prevailing exchange rate at that time and our standard currency conversion fees.


What are my options?

 

You can choose whether you wish to tender shares in this offer. The easiest way to do this is online, and the deadline to give an instruction is noon on Tuesday 5 January 2021.

 

Option 1 – Tender a number of shares at a price between CAD1.40 and CAD1.60 (in increments of CAD0.05). In order to participate in this Tender Offer an election must be received in this office by noon on Tuesday 5 January 2021, at which point your tendered shares will be removed from your portfolio. Any election must state the number of shares you wish to tender and the price at which you wish to tender - if you do not state a tender price it will be assumed that you wish to tender a number of shares at the purchase price.

 

Option 2 - Tender a number of shares at the purchase price. Shareholders can tender their shares without specifying a price. Any election must state the number of shares you wish to tender.

 

Option 3 – Take no action. Shareholders are not obliged to tender any number of shares. If you don’t give as an instruction your shares won’t be tendered and your holding will remain unchanged.


Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:1.43 CAD
Buy:1.50 CAD
Change: 0.01 CAD (0.67%)
Market closed |  Prices as at close on 16 April 2021 | Switch to live prices |
Tender Offer

Dundee Corp Class A NPV

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 31 Dec 2020)

Dundee Corp wants to return up to CAD20 million to shareholders. To do this the company is offering to buy its shares at a price between CAD1.40 and CAD1.60.


Please see below for a breakdown of the Tender Offer:

 

• You can ask to sell (tender) some or all of your shares at a specific price which is not less than CAD1.40, or greater than CAD1.60 (in increments of CAD0.05, e.g. CAD1.40, CAD1.45, CAD1.50, CAD1.55, etc.) Alternatively you can ask to tender at the eventual purchase price, which will be determined on completion of the offer.

• The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to CAD20 million.

• If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.

• If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender.

• Shareholders holding 99 shares or less who tender their entire holding at a price at or below the eventual purchase price will receive priority under the offer.

• Non-Canadian resident shareholders who sell shares in the offer may receive some of the proceeds as income, subject to Canadian Withholding Tax. We cannot currently estimate the amount that will be treated as income.

• Any proceeds will be converted to USD by CREST, the UK settlement system and then converted to Sterling upon receipt subject to the prevailing exchange rate at that time and our standard currency conversion fees.


What are my options?

 

You can choose whether you wish to tender shares in this offer. The easiest way to do this is online, and the deadline to give an instruction is noon on Tuesday 5 January 2021.

 

Option 1 – Tender a number of shares at a price between CAD1.40 and CAD1.60 (in increments of CAD0.05). In order to participate in this Tender Offer an election must be received in this office by noon on Tuesday 5 January 2021, at which point your tendered shares will be removed from your portfolio. Any election must state the number of shares you wish to tender and the price at which you wish to tender - if you do not state a tender price it will be assumed that you wish to tender a number of shares at the purchase price.

 

Option 2 - Tender a number of shares at the purchase price. Shareholders can tender their shares without specifying a price. Any election must state the number of shares you wish to tender.

 

Option 3 – Take no action. Shareholders are not obliged to tender any number of shares. If you don’t give as an instruction your shares won’t be tendered and your holding will remain unchanged.


Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
1.50 CAD
Trade high:
1.50 CAD
Year high:
1.60 CAD
Market capitalisation
Market cap.
:
125.97 million CAD
Previous close:
1.50 CAD
Trade low:
1.47 CAD
Year low:
0.90 CAD
Shares in issue
Shares
:
88.81 m
Previous:
0.03 CAD (2.04%)
Previous:
0.03 CAD
Volume:
n/a
Dividend yield:
n/a
Currency:
CAD
Data delayed by at least 15 minutes.
* UK residents can qualify for a reduced rate of Canadian tax on dividends and interest. In order to claim this reduced rate on your behalf we require you to sign and return a W-8BEN form. W-8BEN.

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Important Documents

There are no documents available for this stock.

Dividend information for this stock is not available.

Dividend information for this stock is not available.

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