23rd Feb 2006 07:00
Canaccord Capital Inc. discloses significant shareholders' and director's dealings Manulife and Canaccord Directors sell Canaccord shares VANCOUVER, Feb. 23 /CNW/ - Canaccord Capital Inc. (CCI: TSX & AIM)announces that The Manufacturers Life Insurance Company, a significantshareholder of the company, sold on February 22, 2006, through the facilitiesof the Toronto Stock Exchange, 50,000 common shares in the company at a priceof $17.00 per share. As a result, Manulife now holds 4,943,369 common sharesin the company, representing 10.34% of the issued common shares. Peter M. Brown, Chairman & Chief Executive Officer of Canaccord CapitalInc., a director and significant shareholder of the company, also sold onFebruary 22, 2006, through the facilities of the Toronto Stock Exchange,100,000 common shares in the company from his corporate holding companyaccount at an average price of C$17.00 per share. As a result, Mr. Brown nowholds 1,825,000 common shares in the company, representing 3.82% of the issuedcommon shares. John B. Zaozirny, a Director and Vice-Chairman of Canaccord CapitalCorporation, and a Director and shareholder of Canaccord Capital Inc., sold onFebruary 22, 2006, through the facilities of the Toronto Stock Exchange,10,000 common shares in the company from his corporate holding companyaccount, at an average price of C$16.88 per share. As a result, Mr. Zaozirnynow holds 251,751 common shares in the company, representing 0.53% of theissued common shares. ABOUT CANACCORD CAPITAL INC. Through its principal subsidiaries, Canaccord Capital Inc. (CCI) is aleading independent full service investment dealer in Canada with capitalmarkets operations in the United Kingdom and the United States of America.Canaccord is publicly traded on both the Toronto Stock Exchange and theAlternative Investment Market (AIM), operated by the London Stock Exchange.Canaccord has operations in two of the principal segments of the securitiesindustry: private client services and capital markets. Together, theseoperations offer a wide range of complementary investment products, brokerageservices and investment banking services to Canaccord's private, institutionaland corporate clients. Canaccord has approximately 1,450 employees worldwidein 31 offices, including 25 Private Client Services offices located acrossCanada. Canaccord Adams, the international capital markets division, hassignificant operations in Toronto, London, Boston, Vancouver, New York,Calgary, Montreal and San Francisco. For further information: Anthony Ostler, Senior Vice President, InvestorRelations & Communications, Phone: (604) 643-7647, Email:anthony_ostler(at)canaccord.com; London: Bobby Morse, Buchanan Communications,Phone: +44 (0) 207 466 5000, Email: bobbym(at)buchanan.uk.com (CCI) ENDCANACCORD CAPITAL INC.Related Shares:
CF..L