Sales close for the 2014 share issue of Capital régional et coopératif Desjardins
COMMUNIQUÉ AUX ACTIONNAIRES
Montréal, October 21, 2014 – Capital régional et coopératif Desjardins (CRCD) announced today the close of sales for the 2014 issue as the authorized capitalization of $63 million has been completely sold out. Some 23,000 investors from across all regions of Québec took part in the capital raising. Proceeds from the sale enable CRCD to pursue its mission by investing in SMEs and cooperatives throughout Québec to value and nurture the best of Québec entrepreneurship.
As a reminder, sales of the 2015 share issue totalling $150 million will begin on April 13, 2015. Starting on March 30, 2015, investors will be able to contact the caisse network to make appointments. The maximum subscription per investor remains $3,000 and the income tax credit has been set at 45%.
About Capital régional et coopératif Desjardins
With some 95,000 shareholders and $1,460 million in net assets, Capital régional et coopératif Desjardins (CRCD) is a public company managed by Desjardins Business Capital régional et coopératif. CRCD contributes to Québec economic development through several levers developed with its manager, with CRCD as the driving force. These levers form CRCD’s entrepreneurial ecosystem designed to value and nurture the best of Québec entrepreneurship. Directly or indirectly through its ecosystem, CRCD supports the growth of over 370 businesses, cooperatives and funds in various industries spanning all Québec regions, helping to create and retain 48,000 jobs. (www.capitalregional.com)