29th Dec 2006 07:00
Canaccord Capital Inc. discloses significant shareholder's dealings
Dealings of Canaccord shares
VANCOUVER, Dec. 29 /CNW/ - Canaccord Capital Inc. announces that The Manufacturers Life Insurance Company, a wholly-owned subsidiary of Manulife Financial Corporation and a significant shareholder of the company, sold on December 28, 2006, 2,443,369 common shares in the company at a price of C$18.53 per share to MLI Resources Inc., an Alberta, Canada incorporated company and also a wholly-owned subsidiary of Manulife Financial Corporation.
As a result, The Manufacturers Life Insurance Company now holds zero common shares in the company, representing 0% of the issued common shares of the company and MLI Resources Inc. now holds 2,443,369 common shares in the company, representing 5.11% of the issued common shares.
Additionally, on December 28, 2006, The Manufacturers Life Insurance Company informed Canaccord Capital Inc. that it sold on September 15, 2006, through the facilities of the Toronto Stock Exchange, 500,000 common shares in the company at a price of C$17.25. As a result, The Manufacturers Life Insurance Company held 2,443,369 common shares in the company, representing 5.11% of the issued common shares between September 15, 2006 and December 28, 2006.
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 1,550 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 and Houston.
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; London Media: Bobby Morse or Ben Willey, Buchanan Communications (London), Phone: +44-(0)-207-466-5000, email: bobbym(at)buchanan.uk.co; For investor relations inquiries contact: Katherine Young, Vice President, Investor Relations, Phone: (604) 643-7013, email: katherine_young(at)canaccord.com (CCI)
CANACCORD CAPITAL INC.Related Shares:
CF..L