Bli medlem
Bli medlem

Du är här

2015-03-27

Bombardier Inc.: Bombardier Announces Special Meeting Voting Results and Release of Escrowed Funds in Respect of Cdn$1.1 Billion Public Offering of Equity

Bombardier Inc. / Bombardier Announces Special Meeting Voting Results and
Release of EscrowedFunds in Respect of Cdn$1.1 Billion Public Offering of
Equity . Processed and transmitted by NASDAQ OMX Corporate Solutions.The
issuer is solely responsible for the content of this announcement.
MONTREAL, QUEBEC--(Marketwired - Mar 27, 2015) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES.

Bombardier (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) is pleased to announce the
results of voting at its special meeting of shareholders held earlier today
in Montréal, Québec. At the meeting, the special resolution authorizing the
amendment to the articles of Bombardier in order to increase the number of
Class A shares (multiple voting) and Class B shares (subordinate voting) that
Bombardier is authorized to issue from 1,892,000,000 to 2,742,000,000 was
duly adopted. Following the close of the meeting, Bombardier filed articles
of amendment under theCanada Business Corporations Act
and obtained a certificate of amendment reflecting the increased authorized
share capital.

With the articles of amendment effective today, the net proceeds of
Bombardier's previously announced approximately Cdn$1.1 billion public
offering of subscription receipts have been released to Bombardier (subject
to the payment of certain transaction costs) and each subscription receipt
was automatically exchanged into one Class B share (subordinate voting) in
the capital of Bombardier. Bombardier expects that the subscription receipts
will be immediately halted from the Toronto Stock Exchange and de-listed
after markets close today.

Further details concerning the subscription receipts are set out in a
prospectus supplement dated February 20, 2015 to Bombardier's short form base
shelf prospectus dated February 18, 2015, both available on SEDAR
atwww.sedar.com.

This press release does not constitute an offer to sell or the solicitation of
an offer to buy securities in any jurisdiction nor will there be any sale of
these securities in any province, state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such province, state or jurisdiction. This
press release does not constitute an offer to sell or the solicitation to buy
securities in the United States. The securities mentioned herein have not
been and will not be registered under the U.S. Securities Act of 1933, as
amended, and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements.

About Bombardier

Bombardier is the world's largest manufacturer of both planes and trains.
Looking far ahead while delivering today, Bombardier is evolving mobility
worldwide by answering the call for more efficient, sustainable and enjoyable
transportation everywhere. Our vehicles, services and, most of all, our
employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the
Toronto Stock Exchange (BBD) and we are listed on the Dow Jones
Sustainability World and North America Indices. In the fiscal year ended
December 31, 2014, we posted revenues of $20.1 billion. News and information
are available atbombardier.comor follow us on Twitter@Bombardier.

Bombardier
andThe Evolution of Mobility
are trademarks of Bombardier Inc. or its subsidiaries.

FORWARD-LOOKING STATEMENTS
This press release includes forward-looking statements, which may involve, but
are not limited to: statements with respect to the Corporation's objectives,
guidance, targets, goals, priorities, market and strategies, financial
position, beliefs, prospects, plans, expectations, anticipations, estimates
and intentions; general economic and business outlook, prospects and trends
of an industry; expected growth in demand for products and services; product
development, including projected design, characteristics, capacity or
performance; expected or scheduled entry-into-service of products and
services, orders, deliveries, testing, lead times, certifications and project
execution in general; competitive position; and the expected impact of the
legislative and regulatory environment and legal proceedings on the
Corporation's business and operations; the Corporation's available
liquidities and the Corporation's capital raising plan. Forward-looking
statements generally can be identified by the use of forward-looking
terminology such as "may", "will", "expect", "intend", "anticipate", "plan",
"foresee", "believe", "continue", "maintain" or "align", the negative of
these terms, variations of them or similar terminology. By their nature,
forward-looking statements require management to make assumptions and are
subject to important known and unknown risks and uncertainties, which may
cause actual results in future periods to differ materially from those
forecasted. While management considers these assumptions to be reasonable and
appropriate based on information currently available, there is risk that they
may not be accurate. For additional information with respect to the
assumptions underlying the forward-looking statements made in this press
release, refer to the respective Guidance and forward-looking statements
sections in Aerospace and in Transportation in the Management's Discussion
and Analysis (MD&A) of the Corporation's financial report for the fiscal year
ended December 31, 2014.

Certain factors that could cause actual results to differ materially from
those anticipated in the forward-looking statements include, but are not
limited to, risks associated with general economic conditions, risks
associated with the Corporation's business environment (such as risks
associated with the financial condition of the airline industry and major
rail operators), operational risks (such as risks related to developing new
products and services; doing business with partners; product performance
warranty and casualty claim losses; regulatory and legal proceedings; the
environment; dependence on certain customers and suppliers; human resources;
fixed-price commitments and production and project execution), risks relating
to the Corporation's ability to implement its capital raising plan and
mitigate potential liquidity underperformance; financing risks (such as risks
related to liquidity and access to capital markets, exposure to credit risk,
certain restrictive debt covenants, financing support provided for the
benefit of certain customers and reliance on government support); and market
risks (such as risks related to foreign currency fluctuations, changing
interest rates, decreases in residual values and increases in commodity
prices). For more details, see the Risks and uncertainties section in Other
in the MD&A of the Corporation's financial report for the fiscal year ended
December 31, 2014. Readers are cautioned that the foregoing list of factors
that may affect future growth, results and performance is not exhaustive and
undue reliance should not be placed on forward-looking statements. The
forward-looking statements set forth herein reflect management's expectations
as at the date of this press release and are subject to change after such
date. Unless otherwise required by applicable securities laws, the
Corporation expressly disclaims any intention, and assumes no obligation to
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. The forward-looking statements
contained in this press release are expressly qualified by this cautionary
statement.

Contact Information

Bombardier Inc.
Isabelle Rondeau
Director, Communications
+514 861 9481
Bombardier Inc.
Shirley Chenier
Senior Director, Investor Relations
+514 861 9481
www.bombardier.com

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Bombardier Inc. via Globenewswire

HUG#1907111

Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.