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Trident Performance Corp. – An application has been granted for the original listing in the Industrial category of up to 10,000,000 Class A Units of Trident Performance Corp. (the “Company”), all of which will be issued and outstanding upon completion of an initial public offering (the “Offering”).
Listing of the Class A Units will become effective at 5:01 p.m. on Thursday, February 21, 2008 in anticipation of the Offering closing on Friday, February 22, 2008. The Class A Units will be posted for trading at the opening on February 22, 2008.
Each Class A Unit will separate into one redeemable Class A Share (“Class A Share”) and one transferable Class A share purchase warrant (“Class A Warrant”) on the earlier of the closing of the exercise of the Over-Allotment Option or 30 days after closing of the Offering. Each Class A Warrant will entitle the holder to purchase one Class A Share of the Company at a subscription price of $10.25 by 4:00 p.m. (Toronto time) on or before February 28, 2011. The Class A Warrants are exercisable only on the last day of every month and Class A Warrants not exercised by the Expiry Time will be void and of no value. Until such separation, the Class A Shares and Class A Warrants comprising the Class A Units will not be separately transferable.
Upon separation of the Class A Units, the Class A Shares and the Class A Warrants will be listed on Toronto Stock Exchange. A further bulletin will be issued confirming the separation date of the Class A Units and the trading information of the Class A Shares and Class A Warrants.
A purchaser of Class A Units will receive a customer confirmation from the registered dealer from or through which the Class A Units are purchased and will not have the right to receive physical certificates evidencing their ownership in the Class A Shares and the Class A Warrants comprising the Class A Units.Additional information on the Class A Units, Class A Shares and Class A Warrants may be found in the final prospectus dated January 31, 2008 (the “Prospectus”), which is available at www.SEDAR.com. Capitalized terms not otherwise defined are as defined in the Prospectus.
Stock Symbol: "TCP.UN"
CUSIP: 89616E 40 5
Trading Currency: CDN
Temporary Market Maker: Independent Trading Group
Other Markets: None
Head Office Address: 2 Queen Street East
Twentieth Floor
Toronto, ON
M5C 3G7
Head Office Telephone Number: (416) 364-1145
Toll Free No: (800) 268-9374
Fax Number: (416) 364-6299
Email Address: cvonboetticher@ci.com
Website Address: www.ci.com
Manager: CI Investments Inc.
Investor Relations: David R. McBain
dmcbain@ci.com
Chief Financial Officer: Douglas J. Jamieson
Corporate Secretary: Chris Von Boetticher
Incorporation: The Company is a corporation incorporated under the laws of the Province of Ontario on December 20, 2007.
Fiscal Year End: December 31
Nature of Business: The Company’s investment objective is to provide tax-efficient risk-adjusted long term rates of return by obtaining exposure to the Global Macroeconomic Portfolio. Trident Investment Management, LLC, the Investment Advisor, seeks to identify and exploit significant global macroeconomic trends.
Transfer Agent & Registrar: Computershare Investor Services Inc. at its principal office in Toronto.
Dividends & Distributions: The Company does not expect to pay regular dividends or make other distributions.
Initial Public Offering: Pursuant to the terms of the Prospectus, a maximum of 10,000,000 Class A Units at a price of $10 per Unit and a maximum of 2,000,000 Class F Units (not listed) (see Prospectus for more information) at a price of $10 per Unit, are being offered to the public by TD Securities Inc., Blackmont Capital Inc., CIBC World Markets Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., Canaccord Capital Corporation, Dundee Securities Corporation, HSBC Securities (Canada) Inc., Raymond James Ltd., Desjardins Securities Inc., Richardson Partners Financial Limited and Wellington West Capital Inc., as agents.
