Brookfield Asset Management Inc. (“
Brookfield”)
(TSX: BAM.A; NYSE: BAM) reports that, through its affiliates,
Brookfield has acquired, in aggregate, 1,172,339 common shares (the
“
Common Shares”) in the capital
of TransAlta Corporation (“
TransAlta”) on the
Toronto Stock Exchange in open market purchases for aggregate cash
consideration of $6,691,167, at prices between $5.64 per Common
Share and $5.74 per Common Share (the
“
Transaction”).
Prior to giving effect to the Transaction,
Brookfield owned or had control over an aggregate of 26,895,708
Common Shares representing approximately 9.7% of the issued and
outstanding Common Shares, calculated on an undiluted basis.
Following the Transaction, Brookfield owned or had control over an
aggregate of 28,068,047 Common Shares, representing approximately
10.1% of the issued and outstanding Common Shares, calculated on an
undiluted basis, an increase of approximately 0.4%.
In accordance with National Instrument 62-103,
an Early Warning Report with additional information in respect of
the foregoing matters will be filed in respect of the transaction
for Brookfield. A copy of such report may be obtained from the
SEDAR profile of TransAlta at www.sedar.com.
Brookfield believes that TransAlta’s Common
Shares represent an attractive investment opportunity.
TransAlta’s head office is located at 110 - 12th
Avenue S.W., Calgary, Alberta, Canada. T2R 0G7.
Brookfield Asset Management
Inc. is a leading global alternative asset manager with
over US$540 billion of assets under management across real
estate, infrastructure, renewable power, private equity and
credit. Brookfield owns and operates long-life assets and
businesses, many of which form the backbone of the global economy.
Utilizing its global reach, access to large-scale capital and
operational expertise, Brookfield offers a range of alternative
investment products to investors around the world—including public
and private pension plans, endowments and foundations, sovereign
wealth funds, financial institutions, insurance companies and
private wealth investors. Brookfield Asset Management is listed on
the New York and Toronto stock exchanges under the symbol BAM and
BAM.A respectively. For more information, please visit our website
at www.brookfield.com.
For more information, please visit our website at
www.brookfield.com or contact:
Communications &
Media:Claire HollandVice President, Branding &
CommunicationsTel: (416) 369-8236Email:
claire.holland@brookfield.com |
|
Investor
RelationsLinda Northwood Director, Investor
Relations Tel: (416) 359-8647 Email:
linda.northwood@brookfield.com |
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