ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

TVA.B TVA Group Inc

1.19
0.05 (4.39%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
TVA Group Inc TSX:TVA.B Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 4.39% 1.19 1.20 1.29 1.19 1.13 1.15 4,300 20:07:06

TVa Group Inc. Increases Number of Shares That it Is Offering to Repurchase Under its Substantial Issuer Bid

14/05/2008 7:21pm

Marketwired Canada


TVA Group Inc. (TSX:TVA.B) today announced that it has increased the number of
participating Class B non-voting shares (the Class B Shares) that it is offering
to repurchase under its offer to purchase Class B Shares from 2,000,000 to
3,000,000 Class B Shares. TVA Group also announced that the offer, which was
previously scheduled to expire at 8:00 p.m. (Montreal time), on May 14, 2008,
has been extended to, and will now expire at 8:00 p.m. (Montreal time), on June
2, 2008, unless the offer is extended further, in accordance with the other
terms set forth in the original offer dated April 1, 2008. 


TVA Group will be mailing a Notice of Variation and Extension to all holders of
Class B Shares in connection with the variation and extension of the offer.
Except for the increase in the number of Class B Shares to be repurchased and
the extension of the expiration date of the offer, the terms previously set
forth in the original offer dated April 1, 2008 continue to be applicable in all
respects. In addition, TVA Group will be waiving, effective at 8:00 p.m.
(Montreal time), on May 14, 2008, all conditions set forth in Section 5 of its
original offer to purchase dated April 1, 2008.


As at 12:00 p.m. (Montreal time) today, based on interim reports provided by the
depositary for the offer, a total of 7,423,234 Class B Shares had been deposited
pursuant to the offer up to such time. Shareholders should note that TVA Group
will not be taking up the Class B Shares so deposited prior to the extended
expiration time of the offer at 8:00 p.m. (Montreal time), on June 2, 2008 and
that, prior to such time, any shares so deposited may be withdrawn. TVA Group
will only be in a position to announce the final proration factor, if any, and
the exact number of Class B Shares to be taken up under the offer on or
immediately after the extended expiration date.


TVA Group Inc., a subsidiary of Quebecor Media Inc., is an integrated
communications company involved in television, the production and distribution
of audiovisual products, and in magazine publishing. TVA Group is one of the
largest private sector producers and the largest private sector broadcaster of
French-language entertainment, information and public affairs programming, and
magazine publishing in North America. TVA also operates SUN TV, a
general-interest station in Toronto. The Company's Class B Shares are listed on
the Toronto Stock Exchange under the ticker symbol "TVA.B".


1 Year TVA Chart

1 Year TVA Chart

1 Month TVA Chart

1 Month TVA Chart