Canaccord discloses transaction in own shares

Canaccord Financial Inc. discloses transaction in own shares under normalcourse issuer bid/buy-back programme and total voting rights TORONTO, June 20, 2013 /CNW/ - Canaccord Financial Inc. (the "Company", TSX:CF, LSE: CF.) wishes to announce that for the period from June 12, 2013, toJune 19, 2013, it purchased 187,568 of its common shares through the facilitiesof the TSX and alternative trading systems in accordance with the requirementsof the TSX, pursuant to the normal course issuer bid (NCIB)/buy-back programmeannounced on August 8, 2012. The highest and lowest daily average price paid for the purchased shares was$6.2043 and $6.0000 per common share respectively and the volume weightedaverage price per common share was $6.1358. The Company has so far purchased 321,436 common shares under the existing NCIBwhich authorizes it to purchase up to 3,000,000 of its common shares betweenAugust 13, 2012 and August 12, 2013. For the purposes of the Financial Conduct Authority's Disclosure andTransparency Rules, the Company announces that as at June 19, 2013, the totalnumber of common shares in issue was 103,569,626 with each share carrying theright to one vote. The 321,436 shares so far purchased in the NCIB will becancelled but until that happens are held in treasury. The total of 103,248,190common shares may therefore be used by shareholders in the Company as thedenominator for the calculations by which they will determine if they arerequired to notify their interest in, or a change in their interest in, theshare capital of the Company under the FCA's Disclosure and Transparency Rules. SOURCE: Canaccord Financial Inc. For further information: North America media:Scott DavidsonExecutive Vice President, Global Head of Corporate Development and StrategyPhone: 416-869-3875, email: [email protected] For investor relations inquiries contact:Andrea SergautisManager, Investor Relations & CommunicationsPhone: 416-687-5507, email: [email protected] London media:Bobby Morse or Ben RomneyBuchanan (London)Phone: +44 (0) 207 466 5000, email: [email protected] Broker:Oliver Hearsey or James KellyRBC Europe LimitedPhone: +44 (0) 20 7653 4000, email: [email protected]

(CF. CF)