What did BCE common shareholders need to do to receive new Nortel common shares?
Shareholders did not need to physically hold a share certificate to benefit from the new Nortel distribution and shareholders were not required to send their share certificates to the transfer agent. Old certificates should be retained since they will continue to represent the same number of BCE common shares after the Arrangement. BCE registered shareholders of record at the close of business on the record date were entitled to receive certificates representing new Nortel common shares. For BCE common shares held in accounts at a brokerage firm, the new Nortel shares were deposited in those accounts. Registered shareholders who did not receive their certificates should contact our Transfer Agent and Registrar.
