08:22 AM EDT, 07/04/2025 (MT Newswires) -- Partners Value Investments LP (PVF-UN.V) and Partners Value Investments Inc (TSXV: PVF.WT, PVF.PR.V, PVF.A) on Friday said that the board of trustees of the general partner of Partners Value Investments L.P.(the Partnership) approved a ten-for-one unit split of the outstanding equity units of the Partnership (PVF.UN).

In addition to the unit split, the board of directors of Partners Value Investments Inc(PVII) approved a concurrent ten-for-one share split of its outstanding non-voting exchangeable shares (PVF.A).

A statement added that the split will not change the rights of holders and will not change a holder's proportionate ownership in the Partnership or PVII, as applicable.

On August 8, the additional equity units/exchangeable shares required to give effect to the splits will be issued to holders of record at the close of business on August 5, noted a statement.

A statement further noted that the equity units and exchangeable shares will begin trading with "due bills" on the TSX Venture Exchange at the opening of business on August 5 until the close of business on August 8, inclusively. The equity units and exchangeable shares will start trading on an "ex-distribution" basis on the TSXV at the opening of business on August 11.

Additionally, in conjunction with the splits, the outstanding warrants of PVII (PVF.WT) will be adjusted in accordance with the terms of the warrant indenture between PVII and TSX Trust Company dated November 27, 2023, to reflect the share split. There will be no change to the number of issued and outstanding warrants as a result of the splits.