Commonwealth Bank’s Board of Directors, exercising its powers under the first schedule of the Bank’s Articles of Association, has approved the redemption of classes J, K, L, M and N preference shares effective May 1, 2019.
The Official Register for shares in classes J, K, L, M and N will be closed effective April 25, 2019. No further transactions will be allowed with these shares thereafter. On May 1, 2019, all preference shares of classes J, K, L, M and N will be cancelled.
The Central Bank of The Bahamas has approved the redemption.
Shareholders of classes J, K, L, M and N will receive further details by mail.