The Toronto Stock Exchange reports that Aimia Inc. cumulative floating rate preferred shares, Series 4, will be listed and posted for trading at the open on April 1, 2024. According to the TSX, there will be 2,706,112 Series 4 shares issued. The shares will trade under the symbol AIM.PR.D, in Canadian dollars and with Cusip No. 00900Q 50 9. The transfer agent and registrar is TSX Trust Company at its principal office in Montreal, and the designated market-maker is RBC Capital Markets.

The TSX reports that the company will issue quarterly dividends on the Series 4 shares on the last business day of March, June, September and December. The annual dividend rate is variable based on the floating quarterly dividend rate.

With regard to the initial dividend payment, the floating quarterly dividend rate for the quarterly floating rate period from and including March 31, 2024, to, but excluding, June 30, 2024, will be 9.181 per cent or 56.5951 cents per Series 4 share, as and when declared by the board of directors of the company.

According to the TSX, the Series 4 shares are redeemable in cash in the amount of: (i) $25 in the case of redemptions on March 31, 2029, and on each March 31 every fifth year thereafter (each, a Series 4 conversion date); or (ii) $25.50 in the case of redemptions on any other date after March 31, 2019, that is not a Series 4 conversion date, in each case together with all declared and unpaid dividends to, but excluding, the redemption date (less tax, if any, required to be deducted and withheld). At the option of the holder, the Series 4 shares are convertible on a Series 4 conversion date into Series 3 shares on a one-for-one basis.

For more information, see the prospectus supplement dated Jan. 8, 2024, to the company's short form base shelf prospectus dated April 12, 2013, available on SEDAR+.