Bank of Montreal to Redeem $200,000,000 Non-Cumulative Class B
Preferred Shares Series 5
TORONTO, ONTARIO -- (Marketwire) -- 01/24/13 -- Bank of Montreal
today announced its intention to redeem all of its $200,000,000
Non-cumulative Class B Preferred Shares Series 5 ("Preferred Shares
Series 5") on February 25, 2013.
The Preferred Shares Series 5 are redeemable at Bank of Montreal's
option on February 25, 2013 at a redemption price of $25.00 per share
together with declared and unpaid dividends to the date fixed for
redemption. Payment of the redemption price will be made by Bank of
Montreal on or after February 25, 2013 upon surrender of the
Preferred Shares Series 5.
Separately from the payment of the redemption price, the final
quarterly dividend of $0.33125 per share for the Preferred Shares
Series 5 will be paid in the usual manner on February 25, 2013 to
shareholders of record on February 1, 2013.
Notice will be delivered to holders of the Preferred Shares Series 5
in accordance with the terms outlined in the Preferred Shares Series
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a
highly diversified North American financial services organization.
With total assets of $525 billion as at October 31, 2012, and more
than 46,000 employees, BMO Financial Group provides a broad range of
retail banking, wealth management and investment banking products and
For News Media inquiries:
Ralph Marranca, Toronto
Ronald Monet, Montreal
For Investor Relations inquiries:
Sharon Haward-Laird, Toronto
Andrew Chin, Toronto
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