2015 share issue of Capital régional et coopératif Desjardins: sale postponed by a few weeks
Montréal, February 27, 2015 – Mindful of its shareholders’ concerns, Capital régional et coopératif Desjardins (CRCD) is currently reviewing its share distribution processes, appointment planning in particular. In order to allow completion of the required information systems development, the 2015 issue date has been postponed by a few weeks.
More shares available for sale, accessible to more investors
CRCD was exceptionally authorized under the June 4, 2014 Provincial Budget to issue shares totalling $150 million for the 2015 issue. To permit the greatest number of investors possible to buy shares, CRCD is continuing to cap purchases at $3,000 per person.
The new dates and procedures will be announced at the end of March 2015 in a press release and will also be published on CRCD’s website at www.capitalregional.com.
About Capital régional et coopératif Desjardins
With some 96,000 shareholders and $1,502 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 380 businesses, cooperatives and funds in various industries spanning all Québec regions, helping to create and retain 62,000 jobs. (www.capitalregional.com)