If TransAlta does not obtain the completion of an election by a holder of Series G Shares within the specified time, then the Series G Shares will be deemed not to have been redeemed (except in the case of an automatic conversion). G Shares and Series H Shares will have the option to reconvert their shares on September 30, 2029 and every five years thereafter, provided the shares remain outstanding.
The Toronto Stock Exchange (TSX) conditionally has the Series H Shares directory in effect as of the conversion.
Listing of the Series H Shares is subject to TransAlta’s compliance with all TSX boards.
About TransAlta Corporation:
For more information about TransAlta, our website at transalta. com.
Forward-Looking Information
This press release contains certain forward-looking information and is subject to significant risks and uncertainties (such statements are sometimes accompanied by words such as “may,” “will,” “should,” “estimates,” “intends” or other words similar). ). Specifically, this press release comprises forward-looking data relating to the Company, the Series G Shares and the Series H Shares, including, without limitation, the board of directors of the Series H Shares and the determination of the dividend rate and the payment of dividends in Series G and Series H Shares in the long term. All forward-looking data reflects the Company’s ideals and assumptions based on data available at the time the statements were made and, therefore, are not promises of long-term performance. Readers are cautioned not to place undue reliance on this forward-looking data, which is provided as of the date expressed in this press release. TransAlta assumes no legal responsibility to update or revise any forward-looking data as required by law. For more information on the assumptions made, as well as dangers and uncertainties that may cause actual effects to differ from those contained in the forward-looking data, please refer to the annual data form, annual report, control discussion and research. and the most recent supplement to the Company’s prospectus. dated August 8, 2014, in each of the cases filed under the Company’s profile on SEDAR at www. sedarplus. com.
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