Printer Friendly

BCI MANAGEMENT LTD. ANNOUNCES DIVIDEND

 BCI MANAGEMENT LTD. ANNOUNCES DIVIDEND
 TORONTO, Nov. 12 /PRNewswire/ -- As part of its currently overdue


obligations on the retraction of its preference shares, BCI Management Ltd. (NASDAQ: BCIAF) declared a dividend to the shareholder of record at the close of business on October 30, 1992, on all of its issued and outstanding 10,000 Class D preference shares, 2nd Series of BCI in the aggregate amount of $360,998.40, which was payable on October 31, 1992, by way of a stock issuance of 3,609 Class D preference shares, 2nd Series and a cash payment of $98.40.
 And BCI declared a dividend to the shareholder of record at the close of business on October 30, 1992, on all of its issued and outstanding 5,420 Class D preference shares, 3rd Series, of BCI, in the aggregate amount of $182,085.33 which was payable on October 31, 1992, by way of a stock issuance of 1,820 Class D preference shares, 3rd Series and a cash payment of $85.33 and redeemed 10,000 Class D preference shares, 2nd Series and 2,500 Class D preference shares, 3rd Series for a cash consideration of $1,250,000.
 -0- 11/12/92
 /CONTACT: Stan Abramowitz, Secretary of BCI Management, 416-920-0500/
 (BCIAF) CO: BCI Management Ltd. ST: Ontario IN: SU: DIV


SB -- NY063 -- 0244 11/12/92 14:17 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 12, 1992
Words:230
Previous Article:NATIONAL CITY CORPORATION'S SUBSIDIARY, NATIONAL PROCESSING COMPANY, INC., TO ACQUIRE JBS ASSOCIATES
Next Article:AMEX BOARD APPROVES EARLY HOLIDAY CLOSING HOURS


Related Articles
BCI MANAGEMENT FILES TO CHANGE NAME
WESTERN WATER ACQUIRES CONTROLLING INTEREST OPTION IN WATER ENGINEERING FIRM
JONES INTERCABLE INC. AND BELL CANADA INTERNATIONAL INC. CONFIRM STRATEGIC RELATIONSHIP; TERMS MODIFIED DUE TO MOST RECENT FCC DECREE
JONES INTERCABLE, JONES GLOBAL GROUP, BELL CANADA INTERNATIONAL, AND CABLE AND WIRELESS ANNOUNCE AMALGAMATION OF U.K. INTERESTS
JONES INTERCABLE, INC. AND BELL CANADA INTERNATIONAL ANNOUNCE DEFINITIVE AGREEMENTS
JONES INTERCABLE INC. SHAREHOLDERS APPROVE BELL CANADA INTERNATIONAL AGREEMENT
BCI Aircraft Leasing, Inc. Completes Refinancing of Two A340-300'S on Lease to Air Namibia.
BCI to bolster capital.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters