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   Name - Lindsey Morden Group Inc

    Website -

 

    Symbol - LM.RT

    Cusip Number - 535908 12 3

    Expiry Date - Aug. 30, 2005

 

    Symbol - LM.RT

    Cusip Number - 535908 11 5

    Expiry Date - Dec. 28, 2000

 

    News Releases

 

Lindsey Morden rights offering

 

2005-07-28 18:37 MT - Rights Offering

TSX bulletin 2005-0878

 

Rights symbol:  LM.RT

Rights Cusip No.:  535908 12 3

Shareholder entitlement:  One right for each subordinate voting share and each multiple voting share held on the record date

Terms of the rights:  1.5 rights for one subordinate voting share at a price of $4.25 per share

Expiry time:  4 p.m. (Toronto time), Aug. 30, 2005

Ex rights date:  Aug. 2, 2005

Record date:  Aug. 4. 2005

 

Designated market-maker:  Desjardins Securities Inc.

 

Holders of subordinate voting shares and multiple voting shares (not listed) of record as of the close on Aug. 4, 2005, will be granted the right to subscribe for one additional subordinate voting share for every 1.5 subordinate voting shares or multiple voting shares held on such record date at a subscription price of $4.25 per share. The rights will be evidenced by fully transferable rights certificates registered in the names of holders of the subordinate voting shares and multiple voting shares of record on the record date on the basis of one right for each subordinate voting share and multiple voting share, 1.5 rights and the sum of $4.25 being required to subscribe for one additional subordinate voting share. No multiple voting shares will be issued upon exercise of any rights. The rights will expire at 4 p.m. (Toronto time) on Aug. 30, 2005.

The subordinate voting shares will commence trading on an ex rights basis at the open on Tuesday, Aug. 2, 2005, at which time the rights will be posted for trading on a when-issued basis.

 

Rights symbol:  LM.R

Rights Cusip No.:  535908 12 3

Designated market-maker:  Desjardins Securities Inc.

 

Attention is directed to the fact that rights will be issued only to shareholders of record of the subordinate voting shares and the multiple voting shares on the record date with an address of record at the record date in Canada, the United States or the United Kingdom (but, in the case of the U.K. only those holders who are persons of a kind described in article 19 or 50 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001. Ineligible shareholders are those holders of record of subordinate voting shares or multiple voting shares as of the record date who are not eligible shareholders. Rights certificates will not be delivered to ineligible shareholders. Instead, ineligible shareholders will be sent a letter advising them that their rights certificates will be issued to and held by CIBC Mellon Trust Company, which will hold those rights as agent for the benefit of all ineligible shareholders. The subscription agent will hold their rights for a period ending 10 days prior to the expiry date to give beneficial owners of subordinate voting shares or multiple voting shares registered in the name of a resident of an ineligible jurisdiction, who are not themselves resident in an ineligible jurisdiction an opportunity to claim their rights certificates from the subscription agent. Thereafter, the subscription agent will attempt on a best-efforts basis, to sell the rights delivered to it through the facilities of the Toronto Stock Exchange prior to the expiry time on a date or dates and at a price or prices as the subscription agent determines in its sole discretion. The proceeds received by the subscription agent, if any, from the sale of the rights delivered to it, net of applicable costs and expenses but without interest, will be divided among the ineligible shareholders pro rata according to the total number of subordinate voting shares and multiple voting shares held by them on the record date. The subscription agent will mail cheques to the ineligible shareholders at their addresses appearing in the records of the subscription agent for their respective proportions of those net proceeds, subject to any applicable taxes which must be withheld for particular ineligible shareholders, provided, however, that if the cheque payment amount is less than $5.00, such cheque payment amount will not be mailed or paid to the ineligible shareholder, but will be paid to the company.

Holders of a rights certificate may subscribe for subordinate voting shares by completing the basic subscription privilege (Form 1) on the face of the rights certificate and forwarding the rights certificate so completed together with payment of $4.25 per subordinate voting share subscribed for to the subscription agent in Toronto so as to be received there prior to the expiry time.

No fractional common shares will be issued upon the exercise of rights. Where the exercise of rights would appear to entitle a holder of rights to fractional subordinate voting shares, the holder's entitlement will be reduced to the next lowest whole number of subordinate voting shares.

Each holder of a rights certificate who has fully exercised all of its rights will be entitled to subscribe for additional common shares, if available, at a price of $4.25 per share. If the total number subordinate voting shares subscribed for under the additional subscription privilege exceeds the number of subordinate voting shares available, the available subordinate voting shares will be allotted on a pro rata basis. The Additional subscription privilege can be exercised by completing Form 2 on the face of the rights certificate. Payment for additional shares with respect thereto must accompany the rights certificate. It is anticipated that the rights offering prospectus and rights certificates will be mailed to shareholders and on or about Aug. 8, 2005.

There is no standby commitment or soliciting dealer in connection with the rights offering.

Trading and settlement rules

 

Trade dates             Settlement dates

Aug. 25                      Aug. 29
Aug. 26 and Aug. 29       Cash next day
Aug. 30, 2005             Cash same day

 

 

1. All trades on Aug. 25 will be for special settlement on Aug. 29, 2005. These trades will appear on the Canadian Depository for Securities (CDS) settlement report and will be recorded with a settlement date of Aug. 29, 2005.

2. All trades on Aug. 26, 2005, and Aug. 29, 2005, will trade for cash settlement the following business day. Trades on Aug. 30, 2005, from the open to noon will be for same-day cash settlement.

3. Selling participating organizations must have the rights that are being sold in their possession or owed to them through clearing prior to such sale.

4. Should fail positions exist on the expiry date, purchasing participating organizations have the option of paying for the rights purchased and demanding delivery of the securities into which the rights are exercisable. Reference should be made to Rule 5-303.

 

Such demand shall be made before noon on the expiry date of Aug. 30, 2005.

Investors should contact their broker for information or advice on their investment.

 

Lindsey Morden Group rights offering

 

2000-11-29 15:30 MT - Rights Offering

TSE bulletin 2000-1613

Holders of subordinate voting shares of record as of the close of business on Dec. 6, 2000, will be granted the right to subscribe for one additional subordinate voting share for every four subordinate voting shares of the company held on such record date at a subscription price of $8.50 per share. The rights are evidenced by transferable rights certificates registered in the names of holders of subordinate voting shares of record on the record date on the basis of one right for each subordinate voting share held, four rights and the sum of $8.50 being required to subscribe for one additional subordinate voting share. The rights will expire at 4 p.m. (Toronto time) on Dec. 28, 2000.

The subordinate voting shares of the company will commence trading on an ex-rights basis at the opening on Monday, Dec. 4, 2000, at which time the rights will be posted for trading on a when-issued basis.

 

Stock symbol:  LM.RT

Cusip:  535908 11 5

Market-maker:  P. Shapiro; Hampton Securities Ltd.