TORONTO, June 16, 2022 /CNW/ - Canaccord Genuity Group Inc. (the "Company") (TSX: CF) (TSX: CF.PR.A) (TSX: CF.PR.C) announced today that after having taken into account all election notices received by the June 15, 2022 conversion deadline in respect of the Cumulative 5-Year Rate Reset First Preferred Shares, Series C (the "Series C Preferred Shares") tendered for conversion into Cumulative Floating Rate First Preferred Shares, Series D (the "Series D Preferred Shares"), the holders of the Series C Preferred Shares are not entitled to convert their shares. There were 21,515 Series C Preferred Shares tendered for conversion, which is less than the 1,000,000 shares required for the ability to proceed with the conversion into Series D Preferred Shares, in accordance with the terms of the Series C Preferred Shares.
Read more at newswire.caProvided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.