/Not for distribution to U.S. news wire services or for
dissemination in the United
States/
EDMONTON, AB, Dec. 27,
2024 /CNW/ - Canadian Western Bank (TSX: CWB)
("CWB") today announced that it has mailed letters of
transmittal (each, a "Letter of Transmittal") for use by
registered holders of CWB common shares ("Registered CWB
Shareholders") in connection with the previously announced
proposed acquisition (the "Transaction") of CWB by National
Bank of Canada ("National
Bank"). CWB has also made a copy of the form of Letter of
Transmittal available on its website at
https://www.cwb.com/investor-relations and on SEDAR+ at
www.sedarplus.ca.
The Letter of Transmittal outlines the necessary documentation
and information required to be sent to the depositary for the
Transaction, Computershare Investor Services Inc., by a Registered
CWB Shareholder in order to receive the common shares of National
Bank to which they are entitled in exchange for their CWB common
shares pursuant to the terms of the Transaction.
The Letter of Transmittal is for use by Registered CWB
Shareholders only. Beneficial shareholders that do not have their
common shares of CWB registered in their name (rather, such shares
are registered in the name of a broker or other intermediary)
should contact their broker or other intermediary for instructions
and assistance regarding receipt of any shares of National Bank to
which they are entitled upon completion of the Transaction.
About CWB
CWB is the only full-service bank in Canada with a strategic focus to meet the
unique financial needs of businesses and their owners. CWB provides
its nationwide clients with full-service business and personal
banking, specialized financing, comprehensive wealth management
offerings, and trust services. Clients choose CWB for a
differentiated level of service through specialized expertise,
customized solutions, and faster response times relative to the
competition. CWB people take the time to understand its clients and
their business, and work as a united team to provide holistic
solutions and advice.
As a public company on the TSX, CWB trades under the symbols
"CWB" (common shares), "CWB.PR.B" (Series 5 preferred shares) and
"CWB.PR.D" (Series 9 preferred shares). CWB is firmly committed to
the responsible creation of value for all its stakeholders and its
approach to sustainability will support its continued success.
Learn more at www.cwb.com.
SOURCE Canadian Western Bank
