The shares will be posted for trading on a "when-issued" basis on Friday and be listed officially on the TSX when the initial distribution is completed, said the trading note.
All trades on Dec. 10 and 13 will be for special settlement on Dec. 17, while trades Dec. 14-16 will be for settlement three business days after the trade date.
In anticipation of this initial distribution of shares, AbitibiBowater's original listing in the TSX's industrial category will have nearly 106.2 million shares, of which 97.1 million shares will be issued and outstanding and nine million shares will be reserved for issuance.
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