BMONT Split Corp. Announces Partial Call for Redemption

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[{"type":"text","content":"\n\n\n\nTORONTO, July 18 /CNW/ - BMONT Split Corp. (the "Company") announced\ntoday that it has called 10,133 Preferred Shares for cash redemption on\nAugust 5, 2008 (in accordance with the Company's Articles) representing\napproximately 3.311% of the outstanding Preferred Shares as a result of the\nspecial annual retraction of 38,400 Capital Shares by the holders thereof. The\nPreferred Shares shall be redeemed on a pro rata basis, so that each holder of\nPreferred Shares of record on August 1, 2008 will have approximately 3.311% of\ntheir Preferred Shares redeemed. The redemption price for the Preferred Shares\nwill be $27.45 per share.\n\n\nHolders of Preferred Shares that are on record for dividends but have\nbeen called for redemption will be entitled to receive dividends thereon which\nhave been declared but remain unpaid up to but not including August 5, 2008.\n\n\nPayment of the amount due to holders of Preferred Shares will be made by\nthe Company on August 5, 2008. From and after August 5, 2008 the holders of\nPreferred Shares that have been called for redemption will not be entitled to\ndividends or to exercise any right in respect of such shares except to receive\nthe amount due on redemption.\n\n\nBMONT Split Corp. is a mutual fund corporation created to hold a\nportfolio of common shares of Bank of Montreal. Capital Shares and Preferred\nShares of BMONT Split Corp. are listed for trading on The Toronto Stock\nExchange under the symbols BMT and BMT.PR.A respectively.\n\n\n%SEDAR: 00020962E\n\n\n","length":1585,"tagName":"div"}]

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