SBC.PR.A Brompton Split Banc Corp

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Brompton Split Banc Corp. (TSX:SBC)(TSX:SBC.PR.A)(TSX:SBC.WT) reminds
Warrantholders that the Warrants distributed to Class A shareholders in July
will expire at 5 pm (Toronto time) on Friday, October 22, 2010. Dealers may
impose earlier deadlines for exercise. 


The Warrants are $0.61 "in-the-money" based on the most recent TSX closing price
for the Class A shares (TSX:SBC) and Preferred shares (TSX:SBC.PR.A), meaning
that Class A and Preferred shares can be purchased for less than market value
through exercise of the Warrants. Warrantholders should contact their financial
advisor to review their options as unexercised Warrants will have no value after
expiry. 


Under the Basic Subscription Privilege, a Warrant may be exercised for one Unit
consisting of one Class A share and one Preferred share. The Subscription Price
is $20.58 per Warrant, with no additional brokerage fees payable on exercise.
Clients who have subscribed under the Basic Subscription Privilege may subscribe
for up to 4,000 additional Units under the Additional Subscription Privilege. 


The combined annualized distribution yield of the Units relative to the
Subscription Price is 8.4%, based on a $1.20 p.a. Class A distribution
($0.10/month), and a $0.525 p.a. Preferred dividend ($0.13125/quarter).


Brompton Split Banc Corp. invests in the common shares of the six largest
Canadian banks with selective covered call writing in order to generate
additional distributable income. 


For further information, please contact your financial advisor, call Brompton's
investor relations line at 416-642-9051 (toll-free at 1-866-642-6001) or visit
our website at www.bromptongroup.com.


Commissions, trailing commissions, management fees and expenses all may be
associated with investment funds. Please read the fund's publicly filed
documents which are available from SEDAR at www.sedar.com. Investment funds are
not guaranteed, their values change frequently and past performance may not be
repeated.


Certain statements contained in this news release constitute forward-looking
information within the meaning of Canadian securities laws. Forward-looking
information may relate to matters disclosed in this press release and to other
matters identified in public filings relating to the Fund, to the future outlook
of the Fund and anticipated events or results and may include statements
regarding the future financial performance of the Fund. In some cases,
forward-looking information can be identified by terms such as "may", "will",
"should", "expect", "plan", "anticipate", "believe", "intend", "estimate",
"predict", "potential", "continue" or other similar expressions concerning
matters that are not historical facts. Actual results may vary from such
forward-looking information.


The securities offered have not been registered under the U.S. Securities Act of
1933, as amended, and may not be offered or sold in the United States absent
registration or any applicable exemption from the registration requirements.
This press release does not constitute an offer to sell or the solicitation of
an offer to buy securities nor will there be any sale of such securities in any
state in which such offer, solicitation or sale would be unlawful.

Grafico Azioni Brompton Split Banc (TSX:SBC.PR.A)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Brompton Split Banc (TSX:SBC.PR.A)
Storico
Da Giu 2023 a Giu 2024