44,000 investors have already reserved shares of Capital régional et coopératif Desjardins and over 7,600 more will be able to purchase shares starting June 25
A balance of $23 million in shares not yet reserved out of the $150 million available in 2015
Montréal, May 26, 2015 – A review of the registrations received via the online form between April 20 and May 8, 2015, with duplications removed, shows that 43,697 investors reserved $127 million in shares. Appointments for individuals who duly completed the online form will take place from May 25 to June 19, 2015, to formalize their applications for subscription.
Investors interested in purchasing shares of CRCD from the $23 million in shares not yet reserved may contact a caisse immediately to set up an appointment. This round of appointments is scheduled to begin June 25, 2015. It is not necessary to be or to become a member of a Desjardins caisse to purchase shares of CRCD, which are eligible for a provincial tax credit of 45% and must be held for a minimum period of seven years.
An appointment for shares from the $23 million balance does not guarantee subscription
Applications for subscription of the $23 million in shares not yet reserved will be entered by the caisses. Entry will be on a first come, first served basis from June 25 at 9:00 a.m. to July 8 at 9:00 p.m. or until the full balance of the shares is sold.
Since 2002, commitments totalling $1.7 billion have been made in 750 companies, including over 35% in Québec’s resource regions
Since its inception, with the support of over 150,000 shareholders, CRCD has actively participated in Québec’s economic development. Together with its manager, CRCD has deployed innovative and unparalleled solutions in the Québec entrepreneurial market through various levers that now form its ecosystem. Supported by a number of partners, such as the Caisse de dépôt et placement du Québec and the Québec government, this ecosystem is designed to value and nurture the best of Québec entrepreneurship. Over the years, commitments totalling over $1.7 billion have been made in 750 Québec companies and cooperatives, including over 35% in Québec’s resource regions.
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. As a result, CRCD now 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)