Brompton Oil Split Corp. Announces Name and Ticker Symbol Change
December 18 2023 - 11:01AM
(TSX: ESP, ESP.PR.A) Brompton Funds Limited
(“Brompton” or the “Manager”) is pleased to announce that the name
of Brompton Oil Split Corp. (the "Fund") has changed to “Brompton
Energy Split Corp.” and, commencing today, the class A shares and
preferred shares of the Fund are trading under new Toronto Stock
Exchange (“TSX”) ticker symbols: ESP and ESP.PR.A, respectively.
As previously announced, at a special meeting of
preferred and class A shareholders (“Shareholders”) of the Fund
held on December 5, 2023, Shareholders approved a special
resolution to implement amendments to update and modernize the
investment objectives and investment restrictions of the Fund,
among other things (the “Amendments”), including the Fund’s name
change.
Details regarding the Amendments are outlined in
the Fund’s management information circular dated October 31, 2023
which is available at www.sedarplus.ca and
www.bromptongroup.com.
The Fund invests in an actively managed
portfolio consisting primarily of equity securities of
dividend-paying (at the time of investment) global energy issuers
with a market capitalization of at least $2 billion (at the time of
investment) which may include companies operating in energy
subsectors and related industries such as oil & gas exploration
and production, equipment, services, pipelines, transportation,
infrastructure, utilities, among others. The Fund may also invest
up to 25% of the value of the portfolio (as measured at the time of
investment) in equity securities of other global natural resource
issuers which include companies that own, explore, mine, process or
develop natural resource commodities or supply goods and services
to those companies, including directly or indirectly through
exchange-traded funds.
About Brompton FundsFounded in
2000, Brompton is an experienced investment fund manager with
income focused investment solutions including exchange-traded funds
(ETFs) and other TSX traded investment funds. For further
information, please contact your investment advisor, call
Brompton’s investor relations line at 416-642-6000 (toll-free at
1-866-642-6001), email info@bromptongroup.com or visit our website
at www.bromptongroup.com.
You will usually pay brokerage fees to your
dealer if you purchase or sell shares of the Fund on the TSX or
other alternative Canadian trading system (an “exchange”). If the
shares are purchased or sold on an exchange, investors may pay more
than the current net asset value when buying shares of the
investment fund and may receive less than the current net asset
value when selling them.
There are ongoing fees and expenses associated
with owning securities of an investment fund. An investment fund
must prepare disclosure documents that contain key information
about the fund. You can find more detailed information about the
Fund in the public filings available at www.sedarplus.ca.
Investment funds are not guaranteed, their values change frequently
and past performance may not be repeated.
Certain statements contained in this news
release constitute forward-looking information within the meaning
of Canadian securities laws. Forward-looking information may relate
to matters disclosed in this press release and to other matters
identified in public filings relating to the Fund, to the future
outlook of the Fund and anticipated events or results and may
include statements regarding the future financial performance of
the Fund. In some cases, forward-looking information can be
identified by terms such as “may”, “will”, “should”, “expect”,
“plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”,
“potential”, “continue” or other similar expressions concerning
matters that are not historical facts. Actual results may vary from
such forward-looking information. Investors should not place undue
reliance on forward-looking statements. These forward-looking
statements are made as of the date hereof and we assume no
obligation to update or revise them to reflect new events or
circumstances.
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