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Address: 303 - 109 Atlantic Ave
Toronto ON M6K 1X4
Phone: 416 447 6400
Fax: 416 447 6488
Website:
http://www.gazitamerica.com
Warrant Symbol - GAA.WT.A
Number Trading - 7,768,878
Expiration Date - April 14,
2014,
Cusip -
Exercise Price - 7.50
Warrant Symbol - GAA.WT
Number Trading - 2,689,575
Expiration Date - November
30, 2015
Cusip - 36829N 12 8
Exercise Price - $5.630498534
per share until Nov. 30, 2013,
and at $6.568914956 per share
from then until Nov. 30, 2015
Warrants called to trade news:
Gazit America to list
7.76 million warrants on TSX
2011-05-16 18:19 MT - Warrants
Called to Trade
Gazit America Inc. will list
7,768,878 warrants on the
Toronto Stock Exchange on
Wednesday, May 18, 2011,
according to the TSX. As in an
April 6, 2011, bulletin, the
company offered its shareholders
rights to purchase units of the
company, with each unit
consisting of one share and one
share purchase warrant. Each
warrant entitles the holder to
buy one share at an exercise
price of 7.50 until April 14,
2014, and at an exercise price
of $8.50 from then until 5 p.m.
(Toronto time) on Nov. 30, 2016,
when the warrants expire.
Gazit America closes
$48.9-million rights offering
2011-05-16 07:40 MT - News
Release
Gazit America Inc. has completed
its previously announced rights
offering in which it offered all
holders of its common shares as
of 5 p.m. ET, April 12, 2011,
rights to subscribe for units,
with each unit consisting of one
common share in the capital of
Gazit America and one
common-share purchase warrant.
Each warrant entitles the holder
to purchase one common share at
a price of $7.50 per common
share at any
read more... || collapse
time up to and
including April 14, 2014, and,
thereafter, each warrant
entitles the holder to purchase
one common share at a price of
$8.50 per common share, each
subject to adjustment in certain
events. The warrants will expire
at 5 p.m. ET on Nov. 30, 2016.
The company expects the warrants
to be listed on the Toronto
Stock Exchange under the symbol
GAA.WT.A once the conditions to
that listing have been
satisfied.
A total of 8,787,142 units (out
of a maximum of 7,768,878 units
available) were subscribed for
by holders of rights,
representing an approximate
13-per-cent oversubscription,
with 6,867,885 units,
representing more than 88 per
cent of the available units,
being subscribed for pursuant to
the basic subscription
privilege, and the remaining
being subscribed for pursuant to
the additional subscription
privilege. As a result, the
standby commitment of Gazit
Maple Inc. was not exercised.
Investors should consult with
their brokers or other
intermediaries through which
they exercised rights to
determine their allotment of
units under the additional
subscription privilege. In all,
a total of 7,768,878 common
shares and 7,768,878 warrants
were issued pursuant to the
offering of rights for gross
proceeds of approximately
$48.9-million.
As no rights were delivered to
any registered or beneficial
holder of Gazit America's common
shares who had, or who appeared
to the company or Computershare
Investor Services Inc. to have,
an address not in Canada as of
the record date, in lieu of
rights, such non-resident
shareholders have received, or
will shortly receive, their pro
rata share of the cash proceeds
(if any) from the sale of such
rights, less commissions,
expenses and applicable
withholding taxes. Further
information regarding the
offering of rights can be found
in the short-form prospectus of
the company dated March 28,
2011, filed under the company's
profile on SEDAR.
In connection with its offering
of rights, the company also
announced today the adjustment
to the terms of the common-share
purchase warrants issued
pursuant to a warrant indenture
dated as of Sept. 17, 2010,
between the company and
Computershare Trust Co. of
Canada. Effective immediately
after 4 p.m. ET on May 11, 2011,
the exercise price of the
existing warrants was adjusted
in accordance with the warrant
indenture to equal $5.63 per
common share for the period up
to and including Nov. 30, 2013,
and $6.57 per common share
thereafter until expiry of the
existing warrants at 5 p.m. on
Nov. 30, 2015, unless the
exercise price is further
adjusted in accordance with the
terms of the warrant indenture.
Also effective immediately after
4 p.m. ET on May 11, 2011, the
number of common shares issuable
upon the exercise of each
existing warrant will be equal
to 1.0656 common shares. In
accordance with the warrant
indenture, the number of common
shares to be issued upon
exercise of the existing
warrants will be rounded down,
as applicable.
Gazit America amends
warrant terms
2011-05-12 18:21 MT -
Miscellaneous
Gazit America Inc.'s warrants
(GAA.WT) currently entitle
holders thereof to acquire one
share of Gazit for $6 per share
until Nov. 30, 2013, and for $7
per share from then until 5 p.m.
(Toronto time) on Nov. 30, 2015,
according to the Toronto Stock
Exchange. As a result of the
company's rights offering, the
warrants will now entitle
holders to buy 1.065625 shares
at $5.630498534 per share until
Nov. 30, 2013, and at
$6.568914956 per share from then
until Nov. 30, 2015, starting at
the open on May 12, 2011.
Gazit America to list
2.68 million warrants Sept. 17
2010-09-15 15:13 MT - Warrants
Called to Trade
TSX bulletin 2010-1078
A total of 2,689,575 common
share purchase warrants of Gazit
America Inc. will be listed and
posted for trading at the
opening on Friday, Sept. 17,
2010, under the following
trading information:
Symbol: GAA.WT
Cusip: 36829N 12 8
Trading currency: Canadian
Designated market-maker: RBC
Capital Markets
Other markets: None
The warrants were issued in
connection with a recently
completed rights offering and
private placement by the
corporation whereby shareholders
had the right to purchase units,
each unit consisting of one
common share and one warrant.
Details of the rights offering
were contained in exchange
bulletin 2010-0954, dated Aug.
11, 2010.
Each whole warrant will entitle
the holder to purchase one
common share of the corporation
at an exercise price of $6 per
share up to and including Nov.
30, 2013, and, thereafter, at a
price of $7 per share until the
expiry time of 5 p.m. (Toronto
time) on Nov. 30, 2015.
The warrants are governed by the
terms of a warrant indenture to
be dated Sept. 17, 2010, between
the corporation and
Computershare Trust Company of
Canada as warrant agent. The
warrant indenture provides for
appropriate adjustments to the
warrants in the event of stock
dividends, subdivisions,
consolidations and other forms
of capital reorganization.