Canaccord Genuity Group Inc. discloses transaction in own shares under normal course issuer bid/buy-back programme, cancellation of shares and total voting rights

CNW Group

TORONTO , Dec. 2, 2013 /CNW/ - Canaccord Genuity Group Inc. (the "Company") (TSX: CF, LSE: CF.) wishes to announce that for the period from November 25, 2013 , to November 29, 2013 , it purchased 101,800 of its common shares through the facilities of the TSX and alternative trading systems pursuant to the normal course issuer bid (NCIB)/buy-back programme announced on August 8, 2013 .

The highest and lowest daily average price paid for the purchased shares was $6.0798 and $5.9620 per common share respectively and the volume weighted average price per common share was $5.9945 .

The Company has so far purchased 1,272,236 common shares under the NCIB which authorizes it to purchase up to 5,136,948 of its common shares between August 13, 2013 and August 12, 2014 . Of these shares, 392,012 were cancelled effective as of November 29, 2013 , 818,024 had been cancelled on or before October 31, 2013 , and the remaining 62,200 will be held in treasury until they are cancelled within the next 60 days.

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the Company announces that as at November 30, 2013 , the total number of common shares in issue was 102,214,292 with each share carrying the right to one vote. This total may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

ABOUT CANACCORD GENUITY GROUP INC.:

Through its principal subsidiaries, Canaccord Genuity Group Inc. (the "Company") is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets.  Since its establishment in 1950, the Company has been driven by an unwavering commitment to building lasting client relationships. We achieve this by generating value for our individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services.  The Company has offices in 11 countries worldwide, including Wealth Management offices located in Canada , Australia , the UK and Europe .  Canaccord Genuity, the international capital markets division, operates in Canada , the US, the UK, France , Germany , Ireland , Hong Kong , mainland China , Singapore , Australia and Barbados .  To us there are no foreign markets.TM

Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSX and the symbol CF. on the London Stock Exchange.

SOURCE Canaccord Genuity Group Inc.

Contact:

North America media:
Scott Davidson
Executive Vice President, Global Head of Corporate Development and Strategy
Phone: 416-869-3875, email: scott.davidson@canaccord.com

For investor relations inquiries contact:
Andrea Sergautis
Manager, Investor Relations & Communications
Phone: 416-687-5507, email: andrea.sergautis@canaccord.com

London media:
Bobby Morse or Ben Romney
Buchanan (London)
Phone: +44 (0) 207 466 5000, email: bobbym@buchanan.uk.com

Broker:
Oliver Hearsey
RBC Europe Limited
Phone: +44 (0) 20 7653 4000, email: oliver.hearsey@rbccm.com

Rates

View Comments (0)