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Home » Fairmont Launches Small Shareholder Selling Program
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Fairmont Launches Small Shareholder Selling Program

By Hotel BusinessOctober 2, 20021 Min Read
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TORONTO— Fairmont Hotels & Resorts Inc. is launching a small shareholder selling program that enables registered and beneficial shareholders who own 99 or fewer common shares of FHR as of Oct. 1 to sell their shares without incurring any brokerage commission. The sale of shares will be executed through the facilities of The Toronto Stock Exchange. The voluntary program expires on Dec. 9, unless extended, and is designed to assist eligible shareholders in selling their shares in a convenient and inexpensive manner. Both registered holders and beneficial holders of shares held in nominee form are eligible to participate. The program allows eligible shareholders the opportunity to either sell all, but not less than all, of their shares or continue to maintain their current holdings. Participating shareholders will not incur any brokerage commissions if they elect to dispose of their shares. Information about the Program and participation documents will be forwarded to eligible shareholders. FHR has retained Georgeson Shareholder Communications Canada, Inc. of Toronto, Ontario, Canada, to manage the program and to handle share transactions and payment.

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