Stock Name: SLS
Amount: CAD 0.3223
Announcement Date: 30/08/2012
Record Date: 22/10/2012
Dividend Detail:
TORONTO, Aug. 30, 2012 /CNW/ - The Board of Directors of SL Split Corp.
(the "Company") has today declared an ordinary dividend of $0.3223 per
Preferred Share payable on October 31, 2012 to holders of record at the
close of business on October 24, 2012.
The Capital Shares and Preferred Shares are scheduled to be redeemed by
the Company on January 31, 2013 (the "Redemption Date") in accordance
with the redemption provisions of the shares as described in the
prospectus dated October 31, 2007. The Preferred Shares will be
redeemed at the lesser of (i) $25.78; and�� (ii) the Unit Value.��
Holders of the Capital Shares will receive an amount per share, if any,
by which the Unit Value exceeds $25.78.�� As at August 29, 2012 the Unit
Value was $22.85. Notice of Redemption will be given by the Company at
least 45 days prior to the Redemption Date.
SL Split Corp. is a mutual fund corporation created to hold a portfolio
of common shares of Sun Life Financial Inc. The Company will generate a
fixed quarterly dividend for the Preferred shareholders and provide the
Capital shareholders with a leveraged investment, the value of which is
linked to changes in the market price of the Sun Life shares.�� Capital
Shares and Preferred Shares of SL Split Corp. are listed for trading on
The Toronto Stock Exchange under the symbols SLS and SLS.PR.A
respectively.
SOURCE: SL Split Corp.
For further information:
Investor Relations
SL Split Corp.
(416) 945-4514
E-mail:��mc_slsplit@scotiabank.com
Web site:��www.scotiamanagedcompanies.com
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