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CORPORATE EVENT: EnCana Corporation ("ECA")
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- To
- Clearing Member Firms
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- From
- CME Clearing
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- #
- 09-546
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- Notice Date
- 09 December 2009
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- Effective Date
- 09 December 2009
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EnCana Corporation (“ECA”) has announced a distribution of Cenovus Energy Inc. (“CVE”) Common Shares. The distribution ratio is one (1) CVE Common Shares per ECA Common Share. The record date is December 7, 2009; the mail date is December 8, 2009. The New York Stock Exchange (“NYSE”) has set December 9, 2009 as the ex-distribution of the distribution. The NYSE has determined due-bills for the CVE distribution must accompany each ECA Share delivered after December 7, 2009 in settlement of ECA transactions made prior to the ex-date. Cenovus Energy Inc. began trading “when issued” on the NYSE under the symbol “CVE WI” on November 2, 2009.
This action will be coordinated with the Options Clearing Corporation.
For the full text of this advisory...
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