Mr. David Taylor reports
PWC CAPITAL INC. TO PAY QUARTERLY DIVIDEND ON CLASS B PREFERRED SHARES
PWC Capital Inc. will pay a quarterly dividend on its
outstanding Class B preferred shares on March 31, 2015, at the rate of
$2.25 per annum. The dividend will be in the amount of 56.3 cents per Class
B preferred share, comprising 21 cents in cash and 35.3 cents in common shares
of PWC. The number of common shares to be issued is based on a five-day
volume-weighted average trading price of PWC's common shares on the Toronto Stock Exchange
ending March 3, 2015, and will result in 1.447 common shares per Class
B preferred share, subject to rounding calculations for fractional
shares.
The dividend to which this notice relates is payable on March 31, 2015, to Class B preferred shareholders of record at the close of business
on March 13, 2015, and is an eligible dividend for tax purposes.
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