Shareholders often fail to tender shares to a merger, acquisition or plan of arrangement due to uncertainty about the transaction, failure to receive materials, or change of address. Maintaining inactive shareholder accounts can be costly for an issuer and can damage shareholder relations efforts.
Our Asset Reclamation™ Program will assist an issuer to quickly and efficiently locate the owners of these untendered shares. Our Shareholder FindTM technology, a confidential three-phase verification process, allows our experienced team to search and confirm contact information for holders with untendered shares. Designing an effective communication program - including mail and telephone campaign - to reach and inform shareholders of the requirement to tender their shares is key. We will facilitate delivery of the shareholders´ entitlement allowing you to focus your efforts on your business and a responsive shareholder base. The program passes little to no cost to the issuer while allowing shareholders to sell or update their holdings in a convenient manner.
As Canada´s premier shareholder services and communications firm, Kingsdale will handle all aspects of material preparation and an outbound call campaign to reach lost shareholders. Kingsdale will manage aspects of the preparation, printing and mailing of an information packages branded with the issuer´s logo, that includes a letter of introduction, letters of transmittal, and instruction sheets explaining the disposition of their untendered holdings. Kingsdale´s multi-lingual call centre agents will be available through a dedicated toll-free number to answer shareholder questions.