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Technology Stocks : Nortel Networks (NT)
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To: t2 who wrote (5628)5/2/2000 9:17:00 AM
From: Kenneth E. Phillipps  Read Replies (1) of 14638
 
t2, Here is the schedule for trading BCE shares. Notice today is the last day for regular trading of BCE shares.

The following are dates of note for trading in BCE shares on the Toronto Stock Exchange:

May 1 Effective date of Plan of Arrangement BCE begins trading on ``when issued basis'' ex of Nortel Networks (TSE: BCE.W); BCE also continues to trade on a ``regular'' basis including the interest in Nortel Networks
(TSE:BCE)
May 2 Last day to trade BCE on a regular basis (including the value of Nortel Networks) (x)
May 3 BCE shares begin trading ex-Nortel Networks only (TSE:BCE)
May 5 Record Date
May 8 Settlement of ``when issued'' trades Beginning of mailing of Nortel Networks share certificates to BCE shareholders

(x) The processing of trades on the TSE requires three trading days.
Those shareholders wanting to receive the Nortel Networks distribution would therefore have to purchase BCE common shares no later than May 2.

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