Enbridge Announces Conversion Results for Series 13 Preferred Shares
Enbridge Inc. (ENB) has announced that none of its outstanding Cumulative Redeemable Preference Shares, Series 13 will be converted into Series 14 Shares on June 1, 2025. The conversion threshold required a minimum of 1,000,000 Series 13 Shares to be tendered, but after reviewing all conversion notices received by the May 20, 2025 deadline, the number of shares tendered fell short of this requirement.
Enbridge Inc. (ENB) ha annunciato che nessuna delle sue Azioni di Preferenza Cumulativa Riscattabili in circolazione, Serie 13, sarà convertita in Azioni Serie 14 il 1° giugno 2025. La soglia per la conversione richiedeva un minimo di 1.000.000 di Azioni Serie 13 da presentare, ma dopo aver esaminato tutti gli avvisi di conversione ricevuti entro la scadenza del 20 maggio 2025, il numero di azioni presentate non ha raggiunto questo requisito.
Enbridge Inc. (ENB) ha anunciado que ninguna de sus Acciones Preferentes Rescatables Acumulativas en circulación, Serie 13, se convertirá en Acciones Serie 14 el 1 de junio de 2025. El umbral de conversión requería un mínimo de 1,000,000 de Acciones Serie 13 para ser ofrecidas, pero tras revisar todos los avisos de conversión recibidos antes del 20 de mayo de 2025, el número de acciones ofrecidas no alcanzó este requisito.
Enbridge Inc. (ENB)는 2025년 6월 1일에 현재 발행 중인 누적 상환 우선주 시리즈 13이 시리즈 14 주식으로 전환되지 않을 것이라고 발표했습니다. 전환 기준은 최소 1,000,000주 이상의 시리즈 13 주식이 제출되어야 했으나, 2025년 5월 20일까지 접수된 모든 전환 통지를 검토한 결과 제출된 주식 수가 이 기준에 미치지 못했습니다.
Enbridge Inc. (ENB) a annoncé qu'aucune de ses actions privilégiées cumulatives remboursables en circulation, série 13, ne sera convertie en actions série 14 le 1er juin 2025. Le seuil de conversion exigeait un minimum de 1 000 000 d’actions série 13 à soumettre, mais après examen de tous les avis de conversion reçus avant la date limite du 20 mai 2025, le nombre d’actions soumises n’a pas atteint ce seuil.
Enbridge Inc. (ENB) hat bekannt gegeben, dass keine seiner ausstehenden kumulativen rückzahlbaren Vorzugsaktien der Serie 13 am 1. Juni 2025 in Serie 14 Aktien umgewandelt werden. Die Umwandlungsvoraussetzung verlangte mindestens 1.000.000 Serie 13 Aktien zur Einreichung, aber nach Prüfung aller bis zum 20. Mai 2025 eingegangenen Umwandlungsmitteilungen wurde diese Anzahl nicht erreicht.
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After taking into account all conversion notices received from holders of its outstanding Series 13 Shares by the May 20, 2025 deadline for the conversion of the Series 13 Shares into Series 14 Shares, less than the 1,000,000 Series 13 Shares required to give effect to conversions into Series 14 Shares were tendered for conversion.
About Enbridge Inc.
At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our growing European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We're advancing new technologies including hydrogen, renewable natural gas, carbon capture and storage. Headquartered in Calgary,
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SOURCE Enbridge Inc.
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