Capital régional et coopératif Desjardins shares on sale starting April 15, 2013
Shares entitle investors to a provincial tax credit of 50% of invested amounts and give concrete support to the development of Québec SMEs and cooperatives
Montréal, February 26, 2013 – Capital régional et coopératif Desjardins (the “Company”) announces the launch of the 2013 share issue, with an authorized capitalization of $150 million. The shares will be available through the Desjardins caisse network in Québec starting April 15, 2013.
Purchasing shares of the Company allows shareholders to provide concrete support for the development of SMEs and cooperatives in Québec”s regions and also enjoy a 50% provincial tax credit of up to $2,500 on a maximum eligible subscription of $5,000 per year.
The 2012 share issue of $150 million sold out entirely in less than five days.
About Capital régional et coopératif Desjardins
With over 103,000 shareholders, Capital régional et coopératif Desjardins is a publicly traded company managed by Desjardins Venture Capital. With net assets of $1,356 million, the Company contributes to economic development by valuing and nurturing the best of Québec entrepreneurship. Directly or indirectly through partner funds, Capital régional et coopératif Desjardins supports the growth of over 330 companies, cooperatives and funds in various industries spanning all Québec regions. (capitalregional.com)