The following trading transactions were reported:
Name Title Date Number of Transaction
BNSJ Shares
Yvonne Pandohie Vice President 09.19.2006 38,000 Purchase
& Chief Auditor 09.20.2006 25,000 Purchase
Shirley Ramsaran & Asst. General 09.15.2006 6,052 Purchase
Manager, Finance 09.19.2006 13,948 Purchase
& Comptroller
Reginald Ramsaran
(father)
The Bank of Nova Scotia advises that these transactions took place within the permissible trading period for persons designated “Insiders” of the Bank (which opened on August 25, 2006 which is two business days after the release of the Bank’s quarterly financial statements to the public during the afternoon of the day of the Board meeting).
The senior officers were not advised of and were in no way involved in the discussions relating to the proposed acquisition of a controlling interest in Dehring Bunting & Golding Limited (“DB&G”) prior to the acquistions of these shares. They have also confirmed that they were at no time aware of any information relating to the proposed acquisition except for information they obtained from public media sources. Both senior officers have purchased shares in the past in blocks of a similar size to these recent transactions.
As advised in the company’s letter dated September 20, 2006, signed by the President & CEO, all senior managers and officers deemed to be “Insiders” were advised to cease trading in the Bank’s or DB&G securities until further advised. Officers who were involved in or aware of the discussions in relation to the proposed acquisition signed confidentiality statements which provide that they should not trade in securities of either the Bank or DB&G.
Name Title Date Number of Transaction
BNSJ Shares
Yvonne Pandohie Vice President 09.19.2006 38,000 Purchase
& Chief Auditor 09.20.2006 25,000 Purchase
Shirley Ramsaran & Asst. General 09.15.2006 6,052 Purchase
Manager, Finance 09.19.2006 13,948 Purchase
& Comptroller
Reginald Ramsaran
(father)
The Bank of Nova Scotia advises that these transactions took place within the permissible trading period for persons designated “Insiders” of the Bank (which opened on August 25, 2006 which is two business days after the release of the Bank’s quarterly financial statements to the public during the afternoon of the day of the Board meeting).
The senior officers were not advised of and were in no way involved in the discussions relating to the proposed acquisition of a controlling interest in Dehring Bunting & Golding Limited (“DB&G”) prior to the acquistions of these shares. They have also confirmed that they were at no time aware of any information relating to the proposed acquisition except for information they obtained from public media sources. Both senior officers have purchased shares in the past in blocks of a similar size to these recent transactions.
As advised in the company’s letter dated September 20, 2006, signed by the President & CEO, all senior managers and officers deemed to be “Insiders” were advised to cease trading in the Bank’s or DB&G securities until further advised. Officers who were involved in or aware of the discussions in relation to the proposed acquisition signed confidentiality statements which provide that they should not trade in securities of either the Bank or DB&G.
