Consumables
Domtar (Canada) Paper Inc. announces intention to redeem all of its outstanding exchangeable shares
Friday 04. April 2014 - Domtar (Canada) Paper Inc. (TSX: UFX), a subsidiary of Domtar Corporation (NYSE: UFS) (TSX: UFS), today announced that it intends to redeem all of its outstanding exchangeable shares on or about June 2, 2014 (the "Redemption Date") and that Domtar Pacific Papers ULC has elected to exercise its right to purchase all of the outstanding exchangeable shares from the holders thereof on the Redemption Date for the redemption price described below.
On the Redemption Date, holders of exchangeable shares will receive, in exchange for each exchangeable share, one share of common stock of Domtar Corporation (plus cash in the amount of all declared and unpaid dividends, if any, provided that the record date for the payment of such dividends is prior to the Redemption Date).
A notice of redemption and related documentation will be mailed to holders of exchangeable shares on April 3, 2014. Copies of these documents will be filed on the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com under Domtar (Canada) Paper Inc.’s profile.