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        Crown Equity Holdings Inc. is publicly traded with the symbol CRWE. The Company primarily provides and offers advertising, branding, marketing solutions and services to boost customer awareness, as well as merchant visibility as a worldwide online multi-media publisher. For list of services offered click here

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Dividend 15 Split Corp. Completes Exchange Offer and Preferred Share Offering

News Provided by GlobeNewswire2018-06-28
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A high quality portfolio consisting of 15 dividend yielding Canadian Companies

TORONTO, June 28, 2018 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. (the “Company”) is pleased to announce it has issued 1,114,478 Preferred Shares and 1,114,478 Class A shares of the Company.  The shares will trade on the Toronto Stock Exchange under the existing symbols of DFN.PR.A (Preferred Shares) and DFN (Class A Shares).

Under the Exchange Offer announced on June 7, 2018, the Company offered 5.55 Class A Shares in exchange for each of 133,327 freely-tradable common shares of BCE Inc. and 5.55 Class A Shares for each of 67,480 freely-tradable common shares of TransCanada Corporation.   In conjunction with the Exchange Offer, the Company also issued Preferred Shares.  The total combined gross proceeds were $22.2 million, bringing the Company’s net assets to approximately $818.6 million. 

The Company currently holds 936,800 shares of BCE Inc. and 1,013,400 shares of TransCanada Corporation in its investment portfolio and the shares taken up in this exchange will be added to the portfolio for investment purposes only.

The Company’s investment portfolio is an actively managed, high quality portfolio consisting of 15 dividend yielding Canadian companies as follows: 

Bank of Montreal
Bank of Nova Scotia
BCE Inc.
CI Financial Corp.
CIBC
Enbridge Inc.
Manulife Financial
National Bank of Canada
Royal Bank
Sun Life Financial
TELUS Corporation
Thomson Reuters Corporation
Toronto-Dominion Bank
TransAlta Corporation
TransCanada Corporation

For further information, please contact Dividend 15 Split Corp. Investor Relations at
416-304-4443  Toll free at 1-877-4-Quadra (1-877-478-2372) or visit  www.dividend15.com

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Investors should read theprospectus supplement to the Company’s short form base shelf prospectus dated November 2, 2017 before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the Company’s publically filed documents which are available at www.sedar.com.



© 2018 GlobeNewswire, Inc. All Rights Reserved.

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The news, reports, views and opinions of authors (or source) expressed are their own and do not necessarily represent the views of CRWE World.


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