- TSX trading symbols
Our preferred shares trade on the TSX under the symbols FN.PR.A (Series 1) and FN.PR.B (Series 2)
- Registrar and transfer agent
Please contact Computershare Investor Services Inc., Toronto, Ontario, 1.800.564.6253 for information on record dates and ex dividend dates.
- Issue price and par value
$25 per share.
- Payment frequency
Quarterly on or about the 15th of April, July, October and January
- Priority
In the event of liquidation or dissolution, Series 1 and Series 2 shareholders will be entitled to receive $25.00 per Series 1 and Series 2 shares before any amount is paid or any assets of the Corporation are distributed to the holders of any
shares ranking junior to Series 1 and Series 2.
- Voting rights
Holders of Series 1 and Series 2 are not entitled to vote at any meeting of shareholders of First National unless the Company fails to pay eight quarterly preferred share dividends or unless a special meeting of the preferred shareholders is called.
- Conversion
Series 1 shareholders are entitled to convert, subject to certain restrictions, to Series 2 every five years, on a one-for-one basis. Series 2 shareholders are entitled to convert, subject to certain restrictions, to Series 1 every five years, on a one-for-one basis. The next conversion date is March 31, 2026.