|By Marketwired .||
|August 15, 2013 07:00 AM EDT||
MONTREAL, QUEBEC -- (Marketwired) -- 08/15/13 -- Quebecor Inc. (TSX:QBR.A)(TSX:QBR.B) announced today that it has completed its previously announced two-for-one stock split of the Corporation's Class A Multiple Voting Shares and Class B Subordinate Voting Shares. Each Quebecor shareholder of record on August 14, 2013, received today one additional share for each share owned. The Class A and Class B shares will stop trading on the Toronto Stock Exchange on a due bill basis at the close of business today. Consequently, the Class A and Class B shares will commence trading on a two-for-one split basis on the Toronto Stock Exchange at the opening of business on Friday, August 16, 2013.
Quebecor shareholders do not need to take any action as the Corporation has recently moved to a simple Direct Registration System. Quebecor's transfer agent, Canadian Stock Transfer Company Inc. (CST), will send to Class A and Class B registered shareholders residing in Canada a statement of Direct Registration System indicating the number of additional shares that they receive as a result of the stock split. This will allow shareholders residing in Canada to hold their additional shares in the book entry form with CST without having a physical share certificate issued.
About Quebecor Inc.
Quebecor Inc. (TSX:QBR.A)(TSX:QBR.B) is a holding company with a 75.4% interest in Quebecor Media Inc., one of Canada's largest media groups, with more than 16,000 employees. Quebecor Media Inc., through its subsidiary Videotron Ltd., is an integrated communications company engaged in cable television, interactive multimedia development, Internet access services, cable telephony and mobile telephony. Through Sun Media Corporation, Quebecor Media Inc. is the largest publisher of newspapers in Canada. It also operates Canoe.ca and its network of English- and French-language Internet properties in Canada. In the broadcasting segment, Quebecor Media Inc. operates, through TVA Group Inc., the number one French language conventional television network in Quebec, a number of specialty channels and, through Sun Media Corporation, the English-language SUN News channel. Another subsidiary of Quebecor Media Inc., Nurun Inc., is a major interactive technologies and communications agency with offices in Canada, the United States, Europe and Asia. Quebecor Media Inc. is also active in magazine publishing (Publications TVA Inc.), book publishing and distribution (Sogides Group Inc., CEC Publishing Inc.), the production, distribution and retailing of cultural products (Archambault Group Inc.), sporting and cultural event management (Event Management Gestev Inc.), video game development (BlooBuzz Inc.), DVD, Blu-ray disc and videogame rental and retailing (Le SuperClub Videotron ltee), the printing and distribution of community newspapers and flyers (Quebecor Media Printing Inc., Quebecor Media Network Inc.), outdoor advertising (Quebecor Media Out of Home), news content production and distribution (QMI Agency), and multiplatform advertising solutions (Quebecor Media Sales).