Brookfield Asset Management Announces Results of Conversion of its Series 42 Preferred Shares
22 Junho 2020 - 5:40PM
Brookfield Asset Management Inc. (TSX: BAM.A, NYSE: BAM) today
announced that after having taken into account all election notices
received by the June 15, 2020 deadline for the conversion of its
Cumulative Class A Preference Shares, Series 42 (the “Series 42
Shares”) (TSX: BAM.PF.G) into Cumulative Class A Preference Shares,
Series 43 (the “Series 43 Shares”), there were 132,682 Series 42
Shares tendered for conversion, which is less than the one million
shares required to give effect to conversions into Series 43
Shares. Accordingly, there will be no conversion of Series 42
Shares into Series 43 Shares, and holders of Series 42 Shares will
retain their Series 42 Shares.
Brookfield Asset Management
Inc. is a leading global alternative asset manager with
over US$515 billion of assets under management across real estate,
infrastructure, renewable power, private equity and credit.
Brookfield owns and operates long-life assets and businesses, many
of which form the backbone of the global economy. Utilizing its
global reach, access to large-scale capital and operational
expertise, Brookfield offers a range of alternative investment
products to investors around the world—including public and private
pension plans, endowments and foundations, sovereign wealth funds,
financial institutions, insurance companies and private wealth
investors.
Brookfield Asset Management is listed on the New
York and Toronto stock exchanges under the symbol BAM and BAM.A
respectively.
For more information, please visit our website
at www.brookfield.com or contact:
Communications & MediaClaire Holland Tel:
(416) 369-8236 Email: claire.holland@brookfield.com |
|
Investor Relations:Linda Northwood Tel: (416)
359-8647 Email: linda.northwood@brookfield.com |
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