PIPELINES / TransCanada Initiates Small Shareholder Selling Program
CALGARY, Oct. 27 /CNW/ - TransCanada PipeLines Limited today announced a small shareholder selling program. The program enables registered and beneficial holders who own 99 or fewer common shares of TransCanada to sell their shares without incurring any brokerage commission. The voluntary program is open to qualifying shareholders of record as of October 26, 1998. The sale of these shares will be executed through the facilities of The Toronto Stock Exchange.
The program begins on October 26, 1998, and will expire on January 26, 1998, unless extended. Both registered and beneficial holders of the shares held in nominee form are eligible to participate. Material will be forwarded to eligible shareholders indicating how they can participate and other details about the program.
TransCanada has retained Shareholder Communications Canada of Toronto, Ontario, to manage the program and to handle share transactions and payment. Questions regarding the program should be directed to Shareholder Communications Canada at 1-800-890-1037.
TransCanada is a leading North American energy services company with businesses in transmission, marketing and processing. The company, through its Cdn$23 billion asset base, provides high value-added energy service solutions to the North American and international marketplace. Common shares trade under the symbol TRP, primarily on the Toronto, Montréal and New York stock exchanges.
Visit TransCanada's website at: transcanada.com |