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Thursday, 21 August, 2008, 19:20 GMT | more prices >>

Peyto approves unit split



By Upstream staff 

Calgary-based Peyto Energy Trust has approved a trust unit split on the basis of two trust units for each trust unit held, subject to unitholders' approval.

If approved, the record date for the trust unit split will be on or about 31 May 2005, with the trust units to begin trading on a split basis at the opening of business on or about 27 May 2005.

To reflect this 2:1 trust unit split, Peyto will adjust its monthly cash distribution to 11 Canadian cents per trust unit effective for the May, 2005 production month, with such payment being made on 15 June 2005.


Monday, 14 March, 2005, 21:29 GMT  | last updated: Wednesday, 27 April, 2005, 15:49 GMT

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