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Enbridge Announces Conversion Results for Series H Preferred Shares
Enbridge Announces Conversion Results for Series H Preferred Shares Canada NewsWire ...
About this update from Enbridge Inc.
[{"type":"text","content":"\n \n \n \n Enbridge Announces Conversion Results for Series H Preferred Shares\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Aug. 17, 2023\n \n \n /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that 2,350,602 of its outstanding Cumulative Redeemable Preference Shares, Series H (Series H Shares) were tendered for conversion, on a one-for-one basis, into Cumulative Redeemable Preference Shares, Series I of Enbridge (Series I Shares), effective on\n \n September 1, 2023\n \n . As a result, on\n \n September 1, 2023\n \n , Enbridge will have 11,649,398 Series H Shares and 2,350,602 Series I Shares issued and outstanding.\n \n \n The Series H Shares will continue to be listed on the Toronto Stock Exchange (TSX) under the symbol ENB.PR.H. The TSX has conditionally approved the listing of the Series I Shares effective upon conversion. The Series I Shares will begin trading on the TSX on\n \n September 1, 2023\n \n , subject to the fulfillment of all the listing requirements of the TSX.\n \n \n \n \n Forward-Looking Statements\n \n \n \n \n \n Forward-looking information, or forward-looking statements, have been included in this news release to provide information about Enbridge, including statements with respect to the conversion of part of the Series H Shares into Series I Shares on\n \n September 1, 2023\n \n and the listing of the Series I Shares. This information may not be appropriate for other purposes. Although Enbridge believes these forward-looking statements are reasonable based on the information available on the date such statements are made and on processes used to prepare the information, such statements are not guarantees of future events and readers are caution...