Canaccord Financial Inc: Canaccord amendment of normal course issuer bid

Canaccord Financial Inc: Canaccord amendment of normal course issuer bid
CANACCORD FINANCIAL INC. DISCLOSES AMENDMENT OF
NORMAL COURSE ISSUER BID/BUY-BACK PROGRAMME 
TORONTO, June 27, 2013 - Canaccord Financial Inc. (the "Company") (TSX: CF,
LSE: CF.) wishes to announce the amendment of its normal course issuer bid
(NCIB)/buy-back programme announced on August 13, 2013. 
In addition to purchases made through the facilities of the TSX, the Company
and its designated broker will make purchases on alternative trading systems in
accordance with the requirements of the TSX. 
The Company has also entered into a pre-defined plan with a designated broker
to allow for the repurchase of its common shares under its previously announced
normal course issuer bid. The Company's broker may repurchase the common shares
under the plan on any trading during the normal course issuer bid, including
during the Company's internal trading blackout periods. The plan has been
reviewed by the Toronto Stock Exchange and will terminate on the earlier of the
termination of the plan by the Company in accordance with its terms and the
expiry of the bid. 
The Company is engaged in the normal course issuer bid to provide for the
ability to purchase, at the Company's discretion, up to 3,000,000 of its common
shares through the facilities of the TSX. The purpose of the purchase of common
shares under the normal course issuer bid is to enable the Company to acquire
shares for cancellation. 
In order to comply with the trading rules of the TSX and the conditions for
trading under the EU Buy-back and Stabilisation Regulation, the daily purchases
are limited to 40,468 common shares of the Company (which is the lesser of (a)
25% of the average daily trading volume of common shares of the Company on the
TSX in the six calendar months from February 2012 to July 2012 and (b) 25% of
the average daily trading volume of common shares of the Company on the TSX in
the month of July 2012). To fulfill its regulatory reporting requirements in
Canada and in the UK, Canaccord will issue a press release no later than the
end of the seventh daily market session following the date of execution of the
purchases. 
ABOUT CANACCORD FINANCIAL INC.: 
Through its principal subsidiaries, Canaccord Financial Inc. is a leading
independent, full-service financial services firm, with operations in two
principal segments of the securities industry: wealth management and global
capital markets.  Since its establishment in 1950, Canaccord has been driven by
an unwavering commitment to building lasting client relationships. We achieve
this by generating value for our individual, institutional and corporate
clients through comprehensive investment solutions, brokerage services and
investment banking services.  Canaccord has offices in 13 countries worldwide,
including Wealth Management offices located in Canada, Australia, the UK and
Europe.  Canaccord Genuity, the international capital markets division,
operates in Canada, the US, the UK, France, Germany, Ireland, Italy, Hong Kong,
mainland China, Myanmar, Singapore, Australia and Barbados.  
Canaccord Financial Inc. is publicly traded under the symbol CF on the TSX and
the symbol CF. on the London Stock Exchange.  
FOR FURTHER INFORMATION CONTACT: 
North America media:
Scott Davidson
Executive Vice President, Global Head of Corporate Development and Strategy
Phone: 416-869-3875, email: scott.davidson@canaccord.com 
For investor relations inquiries contact: 
Andrea Sergautis
Manager, Investor Relations & Communications
Phone: 416-687-5507, email: andrea.sergautis@canaccord.com 
London media:
Bobby Morse or Ben Romney
Buchanan (London)
Phone: +44 (0) 207 466 5000, email: bobbym@buchanan.uk.com 
Broker:
Oliver Hearsey or James Kelly
RBC Europe Limited
Phone: +44 (0) 20 7653 4000, email: oliver.hearsey@rbccm.com 
                                                                            
(CF. CF) 
END 
-0- Jun/27/2013 15:40 GMT