Application for an order deeming the issuer to have ceased to be a reporting issuer granted.
The applicant applied for a decision under the securities legislation of multiple jurisdictions to be deemed to have ceased to be a reporting issuer.
Following a plan of arrangement, all of the applicant's issued and outstanding common shares were acquired by a single entity, and its shares were delisted from the Toronto Stock Exchange and NYSE MKT.
The Ontario Securities Commission, acting as principal regulator, granted the requested exemptive relief.
Exemptive relief granted declaring the Filer is no longer a reporting issuer.
BPO Properties Ltd. applied for a decision that it is no longer a reporting issuer under applicable securities legislation.
The Filer became a wholly-owned subsidiary of Brookfield Office Properties Inc. and its preferred shares were de-listed.
The Filer had fewer than 15 beneficial securityholders in each Canadian jurisdiction and fewer than 51 worldwide.
The Ontario Securities Commission granted the requested exemptive relief, determining that the Filer is no longer a reporting issuer.
Exemptive relief granted from prospectus and dealer registration requirements for a French employee share offering.
The applicant, a French issuer, applied for exemptive relief from the prospectus and dealer registration requirements under the Securities Act in connection with a global employee share offering.
The offering involved the use of collective employee shareholding vehicles (FCPEs) under French law, which prevented the applicant from relying on standard prospectus and registration exemptions.
The Ontario Securities Commission granted the requested relief, subject to conditions regarding the first trade of the units or shares acquired by Canadian participants.
Exemptive relief granted to hold an erroneously filed incomplete news release in confidence.
The Filer applied for a decision to hold an incomplete news release, which was erroneously filed on SEDAR by its filing agent, in confidence for an indefinite period.
The Filer subsequently filed the correct, updated news release.
The Ontario Securities Commission granted the requested exemptive relief, finding that the negative implications of leaving the incomplete release public outweighed the desirability of public access, and that the updated release fulfilled the Filer's continuous disclosure obligations.