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CKI.DB Clarke Inc

99.93
0.00 (0.00%)
17 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Clarke Inc TSX:CKI.DB Toronto Debenture
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 99.93 99.81 100.00 0 01:00:00

Clarke Announces Completion of Redemption of Debentures due December 31, 2012

03/05/2012 10:00pm

PR Newswire (US)


Clarke (TSX:CKI.DB)
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HALIFAX, May 3, 2012 /CNW/ - Clarke Inc. (the "Company") (TSX: CKI CKI.DB CKI.DB.A) announced today that it has completed the previously announced redemption of its 6% convertible unsecured subordinated debentures maturing December 31, 2012 (the "Debentures") for an aggregate principal amount of approximately $18,275,500, representing the current outstanding balance of the Debentures. The Company paid to the holders of redeemed Debentures the redemption price (the "Redemption Price") equal to the outstanding principal amount of the Debentures to be redeemed, together with all accrued and unpaid interest thereon up to but excluding the Redemption Date, for a total of $1,020.38 per $1,000 principal amount of Debentures. The Company used available funds to pay the Redemption Price of the redeemed Debentures.

About Clarke

Halifax-based Clarke Inc. invests in undervalued businesses and participates actively where necessary to enhance performance and increase return.  Clarke securities trade on the Toronto Stock Exchange (CKI and CKI.DB.A); for more information about Clarke Inc., please visit our website at www.clarkeinc.com.

SOURCE CLARKE INC.

Copyright 2012 Canada NewsWire

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