2010 Issue of Capital régional et coopératif Desjardins Shares Now Available Throughout the Desjardins Caisse Network
These shares entitle investors to a provincial tax credit that could reach up to $2,500 in addition to taking concrete action to support the development of Québec SMBs and cooperatives
Montréal, April 21, 2010 – Capital régional et coopératif Desjardins announces its 2010 share issue, whose capital value is $150 million. Shares are now available throughout the Desjardins caisse network of Québec. Acquiring Capital régional shares allows investors to take concrete action towards the development of Québec SMBs and cooperatives in addition to benefiting from a provincial tax credit up to $2,500 on an eligible maximum annual subscription of $5,000.
The last share issue, with a value of $150 million, sold out prior to the closing date of February 28. That allowed Capital régional to keep playing a key role in the economic development of Québec and the growth of resource regions. As at December 31, 2009, there were close to $540 million in total commitments in 228 businesses, cooperatives and funds, contributing to the consolidation and creation of more than 32,000 jobs.
About Capital régional et coopératif Desjardins
Founded in 2001, Capital régional et coopératif Desjardins is a publicly traded company managed by Desjardins Venture Capital. With over 115,000 shareholders, the Company contributes to Québec’s economic development while driving the growth of cooperatives and the resource regions. Capital régional et coopératif Desjardins currently supports more than 225 companies, cooperatives and funds in various industries spanning all Québec regions. (capitalregional.com)