Stocks in play: Bank of Montreal

Announced it has completed its issue and sale of common shares pursuant to a public offering and a concurrent private placement to investors at a price of C$118.60 per common share for gross proceeds totaling approximately C$2.6 billion, consisting of approximately C$1.6 billion of gross proceeds from the public offering and approximately C$1.0 billion of gross proceeds from the private placement to investors, other than BNP Paribas S.A.. The underwriters in the public offering elected to exercise its over-allotment option in full, resulting in a total of 13,575,750 common shares being issued today pursuant to the public offering. A total of 8,431,700 common shares were issued today pursuant to the concurrent private placement to investors other than BNPP. Bank of Montreal shares T.BMO are trading -$0.42 at $120.33.

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