These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements.
In particular, this news release contains forward-looking statements with respect to, among other things, the payment of dividends and redemption of Series C Shares. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to AltaGas, are intended to identify forward-looking statements. This news release contains forward-looking statements. Questions regarding the redemption process may be directed to Computershare Investor Services Inc. The Company's transfer agent for the Series C Shares is Computershare Investor Services Inc. Non-registered holders of Series C Shares should contact their broker or other intermediary for information regarding the redemption process for the Series C Shares in which they hold a beneficial interest. The Company has provided notice today of the Redemption Price and the Redemption Date to the sole registered holder of the Series C Shares in accordance with the terms of the Series C Shares as set out in the Company's articles. ("AltaGas" or the "Company") (TSX: ALA) announces its intention to redeem – in accordance with the terms of the Cumulative Redeemable 5-Year Rate Reset Preferred Shares, Series C (the "Series C Shares") as set out in the Company's articles – all of its 8,000,000 issued and outstanding Series C Shares on Septem(the "Redemption Date") for a redemption price equal to US$25.00 per Series C Share, together with all accrued and unpaid dividends to, but excluding, the Redemption Date (the "Redemption Price"), less any tax required to be deducted or withheld by the Company.Īs outlined in an Augpress release, AltaGas intends to use the net proceeds from the $250 million of 7.35% Fixed-to-Fixed Rate Subordinated Notes, Series 2 due Augto redeem or repurchase its outstanding Series C Shares. 2022 Annual and Special Meeting of ShareholdersĬALGARY, AB, Aug.
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