ONESOFT SOLUTIONS INC. ("OSS")
BULLETIN TYPE: Declaration of Dividend
BULLETIN DATE: August 15, 2014
TSX Venture Tier 2 Company
The Issuer has declared the following dividends:
Cash Distribution
Dividend per common share: $0.26
Payable Date: August 29, 2014
Record Date: August 22, 2014
Ex-Distribution Date: September 2, 2014
Due Bill Redemption Date: September 4, 2014
Special Dividend
Dividend per common share: $0.19
Payable Date: September 12, 2014
Record Date: September 05, 2014
Ex-Distribution Date: September 15, 2014
Due Bill Redemption Date: September 17, 2014
DUE BILL TRADING:
Cash Distribution
The Company has declared a cash distribution of $0.26 per common share payable August 29, 2014 to shareholders of record August 22, 2014. The common shares will commence trading on a "due bills" basis on the Exchange effective from the opening on August 20, 2014 to and including the Payment date of August 29, 2014. Sellers of the common shares on the Exchange from August 22, 2014 to and including August 29, 2014, will not be entitled to the distribution and any distribution payments received in accounts will be withdrawn. Holders including buyers on August 29, 2014 will be entitled to receive the distribution. The common shares will commence trading on the Exchange on an ex-distribution basis effective from the opening on September 15, 2014. Also, note that for entitlement of the distribution, the last trading day to purchase the common shares on the Exchange will be September 12, 2014.
Special Dividend
The Company has also declared a special cash distribution (?Special Dividend?) of $0.19 per common share payable September 12, 2014 to shareholders of record September 05, 2014. The common shares will commence trading on a "due bills" basis on the Exchange effective from the opening on September 3, 2014 to and including the Payment date of September 12, 2014. Sellers of the common shares on the Exchange from September 05, 2014 to and including September 12, 2014 will not be entitled to the distribution and any distribution payments received in accounts will be withdrawn. Holders including buyers on September 12, 2014 will be entitled to receive the distribution. The common shares will commence trading on the Exchange on an ex-distribution basis effective from the opening on September 15, 2014. Also, note that for entitlement of the distribution, the last trading day to purchase the common shares on the Exchange will be September 12, 2014.
For further information, please refer to the Company?s press release dated August 6, 2014 and the Management Information Circular dated June 26, 2014.
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