Mr. Michael Barnes reports
ENBRIDGE ENERGY MANAGEMENT, L.L.C. CONFIRMS AMOUNT OF SHARE DISTRIBUTION FOR SECOND QUARTER 2017
Enbridge Energy Management LLC today confirmed that its previously declared share distribution, to be paid on Aug. 14, 2017, will consist of 2.2758 additional shares for each 100 shares of record on Aug. 7, 2017.
The distribution of additional Enbridge Management shares is based on the notional cash value of the declared distribution of 35 cents per share and the average closing price of Enbridge Management shares for the 10 consecutive trading days prior to the ex dividend date.
About Enbridge Energy Management LLC
Enbridge Energy Management manages the business and affairs of the Enbridge Energy Partners LP (the partnership), and its sole asset is an approximate 19-per-cent limited partner interest in the partnership. Enbridge Energy Co. Inc., an indirect wholly owned subsidiary of Enbridge Inc. of Calgary, Alta., Canada, is the general partner of the partnership and holds an approximate 35-per-cent interest in the partnership. Enbridge Management is the delegate of the general partner of the partnership.
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