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Re - Pan-O-Lac/Desjardins Take Delivery of 3,000,097 Shares of Amisk.


CHICOUTIMI Chicoutimi, city, Canada
Chicoutimi (shĭk`tĭmē'), city (1991 pop. 62,670), S Que., Canada, at the confluence of the Chicoutimi and Saguenay rivers.
, QUEBEC--(BUSINESS WIRE)--May 1, 1997-- PAN-O-LAC FED. CAISSES POP. DE Following the successful take-over bid made by Pan-O-Lac Ltee and the Federation des caisses populaires Desjardins Desjardins (French, of the gardens) is a common last name in French-speaking Canada and is the name of:
  • Desjardins Group the largest association of credit unions in North America.
 du Saguenay-Lac-Saint-Jean (the "Purchasers") with respect to the acquisition of shares of Corporation regionale d'investissement Amisk inc. ("Amisk"), the Purchasers confirm that 6,058,121 Class "A" shares of Amisk were deposited in response to their offer and at the final percentage of shares which will be acquired from each of the holders will be 49.5203 percent. The Purchasers have taken delivery of 3,000,097 shares of Amisk (due to adjustments resulting from the rounding up of fractional shares Fractional share

Stocks amounting to less than one full share, usually resulting from splits, acquisitions, exchanges, or dividend reinvestment programs.


fractional share

Less than one share of stock, that is, one-third or one-half a share.
); 1,866,764 and 1,133,333 of these shares having been acquired respectively by Pan-O-Lac Ltee and by the Federation des caisses populaires Desjardins du Saguenay-Lac-Saint-Jean. The settlement of the shares so deposited will be made on May 5th, 1997.

The Purchasers wish to thank the shareholders of Amisk for the confidence that they have demonstrated in their favour and reiterate re·it·er·ate  
tr.v. re·it·er·at·ed, re·it·er·at·ing, re·it·er·ates
To say or do again or repeatedly. See Synonyms at repeat.



re·it
 their intent to fully develop Amisk's potential.

CONTACT: Pan-O-Lac Ltee

Mr. Jean-Louis Vigneault, 418/ 549-7353

or

Fed. des caisses pop. Desjardins du

Saguenay-Lac-St-Jean

Mr. Michel Michel

named after Gaston Michel, a French surgeon (1875-1937).


Michel clip
metal skin sutures in various sizes from 8 to 16 mm long. Each clip is a 2 mm wide band of metal with a downturned sharp prong at each end.
 Lacroix, 418/ 349-2885
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 1, 1997
Words:199
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