Exchange Bulletin

Global Dividend Growth Split Corp. (GDV, GDV.PR.A) To Trade On Toronto Stock Exchange


June 13, 2018

Issuer: Global Dividend Growth Split Corp. (the "Company")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Class A Shares GDV up to 9,100,000 up to 1,365,000 $12.00
Preferred Shares GDV.PR.A up to 9,100,000 up to 1,365,000 $10.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of Class A Shares and Preferred Shares (the "Offering")
Listing date: June 14, 2018 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: June 15, 2018 (prior to the opening)
Posted for trading date: June 15, 2018 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Temporary market maker: Citadel Securities Canada ULC
Security ownership registration: CDS book-based system
Investor relations: Christopher Cullen
Senior Vice President
(416) 642-6000
Email: cullen@bromptongroup.com
Incorporation: The Company is a mutual fund corporation established under the laws of the Province of Ontario on April 24, 2018.
Manager: Brompton Funds Limited
Fiscal year end: December 31
Nature of business: The Company will invest in a diversified portfolio of equity securities of large capitalization global dividend growth companies selected by the Manager, may selectively write covered call options from time to time in order toenhance the Company's total returns and to mitigate the overall volatility of the Portfolio and will hedge substantially all of its foreign currency exposure back to the Canadian dollar.
Transfer agent and registrar: TSX Trust Company at its principal offices in Toronto.
Distributions: Class A Shares: The Company will pay monthly non-cumulative distributions to the holders of Class A Shares. The monthly cash distribution is targeted to be $0.10 per Class A Share representing a yield on the issue price of the Class A Shares of 10% per annum. The first distribution will be pro-rated to reflect the period from the closing date to June 29, 2018. Based on the expected closing date of June 15, 2018, the initial distribution will be $0.04828 per Class A Share and is expected to be payable to holders of Class A Shares of record on June 29, 2018. No distributions will be paid on the Class A Shares if (i) the distributions payable on the Preferred Shares are in arrears, or (ii) in respect of a cash distribution by the Company, the NAV per Unit would be less than $15.00.Preferred Shares: Holders of record of Preferred Shares on the last Business Day of each of March, June, September and December will be entitled to receive fixed, cumulative preferential quarterly cash distributions equal to $0.1250 per Preferred Share until June 30, 2021. On an annualized basis, this would represent a yield on the Preferred Share offering price of approximately 5.0%. The first distribution will be pro-rated to reflect the period from the Closing Date to June 29, 2018. Based on the expected closing date of June 15, 2018, the initial distribution will be $0.01944 per Preferred Share and is expected to be payable to the holders of Preferred Shares of record on June 29, 2018.
Sponsorship: Not applicable
Offering document: Prospectus dated May 23, 2018 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: Pursuant to the terms of the Prospectus, up to 9,100,000 Class A Shares at a subscription price of $12.00 per Class A Share and up to 9,100,000 Preferred Shares at a subscription price of $10.00 per Preferred Share, are being offered to the public.
TSX contact: Julie K. Shin,
Listed Issuer Services,
Toronto Stock Exchange.

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