HALIFAX, Nova Scotia--(BUSINESS WIRE)--
Yesterday, Nova Scotia Power Inc. (the “Company”) completed its
previously announced redemption of its outstanding Cumulative Redeemable
First Preferred Shares, Series D (the “Series D Shares”) for a
redemption price of $25.00 per share. Prior to redemption, the Company
paid a dividend on the Series D Shares in the amount of $0.36875 per
share for the quarter ending on September 30, 2015 to holders of record
on October 1, 2015.
Effective as of the close of markets yesterday, the Company is no longer
listed on the Toronto Stock Exchange (the “TSX”) as none of its
securities are listed for trading on the TSX.
About Nova Scotia Power
Nova Scotia Power Incorporated, is a wholly-owned subsidiary of Emera
Incorporated (TSX:EMA), a geographically diverse energy and services
company headquartered in Halifax, Nova Scotia. Nova Scotia Power
Incorporated is a fully-integrated regulated electric utility with
approximately $4.4 billion of assets and is the primary electricity
supplier in Nova Scotia. Nova Scotia Power Incorporated provides
electricity generation, transmission and distribution services to
approximately 505,000 customers.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151016005530/en/
Investor Relations:
Nova Scotia Power Incorporated
Scott
LaFleur, 902-428-6375
scott.lafleur@emera.com
Source: Nova Scotia Power Inc.