DHX Media Announces Dividend Reinvestment Plan

About this update from Wildbrain Ltd.

[{"type":"text","content":"\n\n\nHALIFAX, Nov. 29, 2013 /CNW/ - DHX Media Ltd. (TSX: DHX) (\"DHX\"),\n announces that it has instituted a Dividend Reinvestment Plan (the\n \"Plan\") to enable Canadian resident shareholders (\"Shareholders\") to\n automatically reinvest all cash dividends paid on their Common Shares\n of DHX (\"Shares\") in additional Shares.\n\n\nThe Plan\nTo enroll in the Plan, beneficial Shareholders must contact their broker\n who is a CDS participant and who holds the Shareholder's Shares.\n Registered Shareholders must contact Computershare Trust Company of\n Canada (the \"Plan Agent\") National Customer Contact Centre at\n 1-800-564-6253. Once enrolled, participation in the Plan will continue\n automatically unless terminated.\n\n\nEnrolment for all Shareholders will begin December 2nd, 2013.\n\n\nShareholders wishing to acquire Shares under the Plan in connection with\n the previously announced dividend payable on December 27, 2013 to\n shareholders of record as of December 6, 2013 must enroll by December 9th, 2013.\n\n\nPlan Shares will be issued directly from the treasury of DHX at a price\n equal to 97% of the volume weighted average price of the Common Shares\n traded on Toronto Stock Exchange during the last 10 trading days\n preceding the date on which cash dividends are paid on Common Shares\n (the \"Dividend Payment Date\").\n\n\nDHX reserves the right to amend, suspend or terminate the Plan at any\n time, but such action shall have no retroactive effect that would\n prejudice the interest of the Plan participants. Participants will not\n be responsible for any brokerage commissions, administration costs or\n other service charges in connection with the Plan. All such costs will\n be paid by DHX.\n\n\nDHX has initially reserved for issuance with the Toronto Stock Exchange\n (TSX) 1,200,000 additional Shares to accommodate the purchase of Shares\n under the Plan. The number of Shares to be issued under the Plan may be\n changed by DHX at any time, subject to TSX approval.\n\n\nFor more information about the Plan and its terms and conditions see www.dhxmedia.com under \"Investors\".\n\n\nAbout DHX Media Ltd.:\nDHX Media (www.dhxmedia.com) is a leader in the creation, production and licensing of family\n entertainment rights.  DHX Media owns, markets and distributes 9,500\n half hours of children's entertainment content, ...

More updates from Wildbrain Ltd.