3rd Dec 2007 07:00
Canaccord Capital Inc. discloses directors' dealings
Canaccord shares reserved under the Long Term Incentive Plan
VANCOUVER, Dec. 3 /CNW/ - Canaccord Capital Inc. (the "Company") announces restricted share unit awards ("RSUs"), in lieu of cash compensation, were awarded under our Long Term Incentive Plan ("LTIP") to three directors of the Company (the "Award"):
- Paul D. Reynolds received 18,241 RSUs, - Mark G. Maybank received 11,385 RSUs - Tim J. Hoare received 7,116 RSUs This Award is the second regular quarterly award under the LTIP. ------------------------------------------------------------------------- Total as a % of Shares Total total CCI owned Previously Currently (common issued excluding awarded awarded Total shares common Director RSUs RSUs RSUs RSUs + RSUs) shares ------------------------------------------------------------------------- Paul Reynolds 1,102,041 52,276 18,241 70,517 1,172,558 2.45% ------------------------------------------------------------------------- Tim Hoare 860,448 25,208 7,116 32,324 892,772 1.87% ------------------------------------------------------------------------- Mark Maybank 473,223 87,097 11,385 98,482 571,705 1.19% -------------------------------------------------------------------------
Mr. Reynolds' common shares are registered in the name of the Reynolds Family Trust. Mr. Reynolds is one of the beneficiaries of the Reynolds Family Trust.
The LTIP is an initiative by Canaccord that was announced on June 7, 2007, and approved at the Company's annual general meeting on August 2, 2007. Under the LTIP, compensation to participating employees is deferred and awards of RSUs, which vest over three years, are made.
ABOUT CANACCORD CAPITAL INC.:
Through its principal subsidiaries, Canaccord Capital Inc. is a leading independent, full-service investment dealer in Canada with capital markets operations in the United Kingdom and the United States of America. Canaccord is publicly traded on both the Toronto Stock Exchange and AIM, a market operated by the London Stock Exchange. Canaccord has operations in two of the principal segments of the securities industry: private client services and capital markets. Together, these operations offer a wide range of complementary investment products, brokerage services and investment banking services to Canaccord's private, institutional and corporate clients. Canaccord has approximately 1,689 employees worldwide in 30 offices, including 23 Private Client Services offices located across Canada. Canaccord Adams, the international capital markets division, has operations in Toronto, London, Boston, Vancouver, New York, Calgary, Montreal, San Francisco, Houston and Barbados.
For further information: North America Media: Scott Davidson, Managing Director, Global Head of Marketing & Communications, Phone: (416) 869-3875, email: scott_davidson(at)canaccord.com; For investor relations inquiries contact: Katherine Young, Vice President, Investor Relations, Phone: (604) 643-7013, email: katherine_young(at)canaccord.com; London Media: Bobby Morse or Ben Willey, Buchanan Communications (London), Phone: +44 (0) 207 466 5000, email: bobbym(at)buchanan.uk.com; Nominated Adviser: Mark Dickenson, Landsbanki Securities (UK) Limited, Phone: +44 (0) 207 426 9586, email: Mark.Dickenson(at)landsbanki.com (CCI)
CANACCORD CAPITAL INC.Related Shares:
CF..L