Business
Shareholders approve share split
Shareholders approve share split.
About this update from Leon's Furniture Limited
[{"type":"text","content":"\n\n\n\nTORONTO, May 14 /CNW/ - On May 14, 2007, the shareholders of Leon's\nFurniture Limited ("Leon's") approved the previously announced split of its\ncommon shares on a four for one basis at its Annual and Special Meeting of\nShareholders. As a result of the four for one split, shareholders of record as\nof the close of business on June 29, 2007 will receive three additional shares\nof Leon's for each share held.\n\n\nIt is expected that the common shares of Leon's will begin trading on the\nToronto Stock Exchange on a split-adjusted basis on June 27, 2007.\n\n\nIn addition, the shareholders of Leon's approved the split of all of\nLeon's issued and outstanding series of Convertible Non-Voting Shares on a\nfour for one basis.\n\n\nIt is important that shareholders retain both their existing share\ncertificates and the new share certificates that will be mailed to them in\nJuly 2007 as these certificates together represent their Leon's holding.\n\n\nLEON'S FURNITURE LIMITED\n\n\nTerrence T. Leon\n\n\nPresident & C.E.O.\n\n\n","length":1113,"tagName":"div"}]