Rogers Communications Inc. Announces Amendments to its Dividend Reinvestment Plan to Permit Discount for Shares Issued under the Plan; 2% Discount for Shares to be Issued in Connection with Reinvestment of Previously Declared Dividend Payable on October 3,
12 8월 2023 - 5:30AM
Rogers Communications Inc. (“Rogers”) today announced that it has
amended its Dividend Reinvestment Plan (the “Plan”) to permit, at
the Board of Directors’ discretion, a small discount when shares
are issued from treasury under the Plan. Under the Plan,
shareholders may elect to have dividends on their shares reinvested
in additional Class B Non-Voting Shares (“Class B Shares”) of
Rogers.
In connection with the previously declared dividend payable on
October 3, 2023 to shareholders of record on September 8, 2023,
Class B Shares will be issued by Rogers under the Plan from
treasury at a 2% discount from the Average Market Price (as defined
in the Plan). Previously, Class B Shares received by participants
under the Plan were purchased in the Canadian open market with no
discount from the Average Market Price.
Existing participants in the Plan will automatically have the
discount applied to the reinvestment of their dividends on the
October 3, 2023 dividend payment date. Registered shareholders
resident in Canada or the United States wishing to join the Plan
can obtain an enrolment form from Rogers’ agent, TSX Trust Company
(Tel: 1-800-387-0825 (Canada and the United States); 416-682-3860
from outside North America; or e-mail at
shareholderinquiries@tmx.com). Eligible beneficial or
non-registered shareholders must contact their financial
institution or broker to find out details on how they can
participate.
In order to participate in time for the October 3, 2023 dividend
payment date, enrolment forms from registered shareholders must be
received by TSX Trust Company before the close of business on
August 31, 2023. Eligible beneficial or non-registered shareholders
should contact their financial institution or broker well in
advance of the above date for instructions on how to enroll in the
Plan.
A copy of the Plan describing the terms and conditions
applicable to the Plan is available at
https://investors.rogers.com/shareholder-information/dividend-information
or from the agent at
https://services.tsxtrust.com/InvestorServices/Search-DRIP?lang=en
or by e-mail at shareholderinquiries@tmx.com. In addition, a copy
of the Plan will be available under our profile at
www.sedarplus.ca, and will also be available at www.sec.gov.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy nor shall there be any sale of any
of securities in any jurisdiction in which such offer, solicitation
or sale would be unlawful. Distributions to U.S. participants under
the Plan are being made solely through Rogers’ registration
statement on Form F-3D (File No. 333-170234) filed with the
Securities and Exchange Commission on October 29, 2010.
About Rogers Communications Inc.
Rogers is Canada’s leading wireless, cable and media company
that provides connectivity and entertainment to Canadian consumers
and businesses across the country. Rogers shares are publicly
traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on
the New York Stock Exchange (NYSE: RCI).
Caution Concerning Forward-Looking
Statements
This press release may include “forward‐looking information”
within the meaning of applicable securities laws. We caution
that forward‐looking information is inherently subject to change
and uncertainty and that actual results may differ materially from
those expressed or implied by the forward‐looking information. A
comprehensive discussion of risks associated with forward-looking
information can be found in Rogers’ public reports and filings,
including the risks outlined in the section entitled “Risks and
Uncertainties Affecting our Business” in our management’s
discussion and analysis of our audited consolidated financial
statements as at and for the year ended December 31, 2022, and in
the section entitled “Updates to Risks and Uncertainties Affecting
our Business” in our management’s discussion and analysis of our
unaudited interim condensed consolidated financial statements as at
and for the three and six months ended June 30, 2023, which are
available under our profile at www.sedarplus.ca, and are also
available at www.sec.gov.
For more information:
Rogers Communications media contactSarah
Schmidt647.643.6397media@rci.rogers.com
Rogers Communications investment community
contactPaul
Carpino647.435.6470paul.carpino@rci.rogers.com
Rogers Communications (NYSE:RCI)
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