• Sign up for the Daily Digest E-mail
  • Facebook
  • X
  • LinkedIn

BOE Report

Sign up
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio

October 1, 20188:41 PM CNW

(TSX: BNP)

CALGARY, Oct. 1, 2018 /CNW/ – Bonavista Energy Corporation (“Bonavista”) is pleased to announce the increase to the Exchange Ratio of its exchangeable shares from 1.47487 to 1.48526. This increase will be effective on October 15, 2018 (the “Effective Date”).


Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio (CNW Group/Bonavista Energy Corporation)

The following are the details of the calculation of the Exchange Ratio:

 

 

Record Date

of Bonavista

Dividend

 

 

 

Opening

Exchange

Ratio

 

 

 

Bonavista

Dividend per

common

share

Five day

Weighted

Average

Trading

Price of

Bonavista

common

shares

 (Prior to the

end of the

Month)

 

 

 

Increase

in

Exchange

Ratio (1)

 

 

 

Effective Date

of the increase

in Exchange

Ratio

 

 

 

Exchange

Ratio as of

the

Effective

Date

September

28, 2018

1.47487

$0.01

$1.42

0.01039

October 15,

2018

1.48526

(1)

The increase in the Exchange Ratio is calculated by multiplying the Bonavista dividend per common share by the Exchange Ratio immediately prior to the Record Date and dividing by the five day weighted average trading price of Bonavista's common shares.

 

A holder of Bonavista exchangeable shares can exchange all or a portion of their holdings into Bonavista common shares, at any time, by giving notice to their investment advisor or Computershare at its principal transfer office in Suite 600, 530 – 8th Avenue S.W., Calgary, Alberta, T2P 3S8.

Please visit our website at www.bonavistaenergy.com for detailed corporate information.

Bonavista is focused on creating premium shareholder value through the efficient development of high quality oil and natural gas assets.

 

SOURCE Bonavista Energy Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2018/01/c5323.html

Bonavista Energy

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Weekly Word Wandering: A great Trump initiative, a terrible Trump initiative, and a potential excellent use for depleted oil reservoirs – bio-engineered hydrogen production
  • UAE says oil markets are absorbing more barrels without stocks rising
  • Kremlin says it is ‘calm’ regarding Trump criticism of Putin over Ukraine talks
  • New oil and gas jobs from BOE Report Jobs
  • Hemisphere Energy Announces Normal Course Issuer Bid Renewal

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2025 Stack Technologies Ltd.