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Gibson Energy Inc. announces Dividend Reinvestment Plan
/Not for distribution to U.S. newswire services or for dissemination in the United States/ ...
About this update from Gibson Energy Inc.
[{"type":"text","content":"\n\n\n\n\n\n/Not for distribution to U.S. newswire services or for dissemination in\n the United States/\n\n\nCALGARY, Aug. 17, 2011 /CNW/ - Gibson Energy Inc. (\"Gibson\" or the\n \"Company\") is pleased to announce that its Board of Directors has\n approved a Dividend Reinvestment Plan (the \"Plan\").  The Plan provides\n eligible shareholders with the opportunity to reinvest their cash\n dividends, on each dividend payment date, in additional common shares\n of Gibson (the \"Plan Shares\") to be issued from treasury of Gibson. \n Eligible shareholders may elect to participate in the Plan commencing\n with the quarterly cash dividend payable on October 21, 2011 (the\n \"October 2011 Dividend\").\n\n\nAs permitted by the Plan, for the purposes of the October 2011 Dividend\n and thereafter until further notice otherwise is provided by Gibson in\n accordance the Plan, Plan Shares will be issued on the applicable\n dividend payment date from treasury of Gibson to eligible shareholders\n participating in the Plan at a 3% discount to the average market price\n of the common shares of Gibson (the \"Common Shares\").  Average market\n price is defined in the Plan to be the volume weighted average trading\n price of the Common Shares on the Toronto Stock Exchange for the five\n trading days preceding the dividend payment date.\n\n\nTo participate in the Plan, registered shareholders must deliver a\n properly completed enrolment form to Computershare Trust Company of\n Canada (\"Computershare\") (in its capacity as plan agent under the\n Plan), as directed under the Plan, not later than 4:00 p.m. (Toronto\n time) on the fifth (5th) business day immediately preceding a dividend record date in order for\n the cash dividend to which such record date relates to be reinvested\n under the Plan.  Registered shareholders who wish to reinvest, pursuant\n to the Plan, the October 2011 Dividend payable to shareholders of\n record on September 30, 2011 must therefore deliver a completed and\n signed enrolment form to Computershare not later than 4:00 p.m.\n (Toronto time) on Friday, September 23, 2011. Shareholders who do not\n wish to participate in the Plan will still receive their regular\n quarterly dividend.\n\n\nBeneficial shareholders (i.e., owners of Common Shares that are held\n through a nominee) who wish to participat...