Mr. Jake Lawrence reports
SCOTIABANK REPORTS RESULTS OF CONVERSION PRIVILEGE OF PREFERRED SHARES SERIES 30
Bank of Nova Scotia has noted that 4,457,262 of its 10.6 million non-cumulative five-year rate-reset preferred shares, Series 30, have been elected for conversion on April 27, 2015, on a one-for-one basis, into non-cumulative floating-rate preferred shares, Series 31, of Scotiabank.
Consequently, on April 27, 2015, Scotiabank will have 6,142,738 Series 30 preferred shares and 4,457,262 Series 31 preferred shares issued and outstanding. The Series 30 preferred shares and Series 31 preferred shares will be listed on the Toronto Stock Exchange under the symbols BNS.PR.Y and BNS.PR.D, respectively.
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