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GMP Capital Inc. Announces Results of the Conversion Privilege of its Cumulative 5-Year Rate...

TORONTO, ON (March 16, 2016) – GMP Capital Inc. (the Corporation) (TSX: GMP, GMP.PR.B) announced today that 1,034,747 of its outstanding 4,600,000 Cumulative 5-Year Rate Reset Preferred Shares, Series B of the Corporation (the Series B Shares) have been tendered for conversion on March 31, 2016, on a one-for-one basis, into Cumulative Floating Rate Preferred Shares, Series C of the Corporation (the Series C Shares). As a result, on March 31, 2016, the Corporation will have 3,565,253 Series B Shares and 1,034,747 Series C Shares issued and outstanding.


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GMP Reports Q4 and Year-End 2015 Results

Toronto, March 11, 2016 - GMP Capital Inc. (GMP or the Corporation) (TSX: GMP) today reported revenue of $35.3 million in fourth quarter 2015 representing a 33% decrease relative to the same period a year ago. GMP recorded a net loss of $15.6 million and a diluted loss per share of $0.26 in fourth quarter 2015 compared with a net loss of $6.9 million and diluted loss per share of $0.12 in fourth quarter 2014. "Uncertain market conditions produced a sharp contraction in client activity in the second half of 2015 that was particularly pronounced in the fourth quarter.  This and the impact of the costs we recognized in connection with our previously announced restructuring of the Capital Markets segment resulted in disappointing financial performance for GMP"  said Harris Fricker, President and Chief Executive Officer, GMP. "Our revenues decreased 33% in fourth quarter 2015 primarily reflecting a 60% drop in investment banking fees compared with fourth quarter 2014." Fourth quarter 2015 results include pre-tax expenses of $21.5 million ($18.5 million after tax) recorded in connection with the restructuring of the Capital Markets segment.

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GMP Capital Inc. Announces Dividend Rates on Preferred Shares

TORONTO, ON (March 2, 2016) – GMP Capital Inc. (the Corporation) (TSX: GMP, GMP.PR.B) announced today the applicable dividend rates for its Cumulative 5-Year Rate Reset Preferred Shares, Series B (the Series B Shares) and its Cumulative Floating Rate Preferred Shares, Series C (the Series C Shares), further to its press release dated February 23, 2016, announcing that it does not intend to exercise its right to redeem all or any part of the currently outstanding Series B Shares and, as a result of which, subject to certain conditions, the holders of the Series B Shares have the right to convert all or any part of their Series B Shares into Series C Shares on a one-for-one basis.

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February 23, 2016 GMP Announces Conversion Privilege of Cumulative 5 Year Rate Reset Preferred Shares Series B

TORONTO, ON (February 23, 2016) – GMP Capital Inc. (the Corporation) (TSX: GMP) announced today that it does not intend to exercise its right to redeem all or any part of the currently outstanding Cumulative 5-Year Rate Reset Preferred Shares, Series B of the Corporation (the Series B Shares) on March 31, 2016 (the Conversion Date). There are currently 4,600,000 Series B Shares outstanding.


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GMP to Announce Q4/15 and Year-End 2015 Results

TORONTO, ON. (February 3, 2016) – GMP Capital Inc. (GMP) (TSX: GMP) will announce its fourth quarter and fiscal 2015 financial results and host an earnings conference call on Friday, March 11, 2016.  Financial results are expected to be released at approximately 6:00 a.m. (ET).

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GMP restructures Capital Markets division and suspends quarterly common share dividend

TORONTO, Jan. 13, 2016 - GMP Capital Inc. (GMP or the Company) (TSX: GMP), a leading independent diversified financial services firm, is undertaking a series of fundamental organizational changes in its Capital Markets division to reduce the size of its global footprint, further streamline its fixed cost structure and more importantly sharpen its focus on its core North American operations, which accounted for 93 per cent of total reported 2015 revenue.

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GMP Capital Report Q3/15 Results

Toronto, November 6, 2015 - GMP Capital Inc. (GMP) (TSX: GMP) today reported revenue of $53.9 million in third quarter 2015, down 20% compared with the same period a year ago. GMP recorded a net loss of $11.1 million and diluted loss per share of $0.19 in third quarter 2015 compared with net income of $6.1 million and diluted earnings per share (EPS) of $0.05 in third quarter 2014.  Results in third quarter 2015 included primarily non-cash adjusting items that added $0.07 to the quarter's diluted loss per share. On an adjusted basis1, the third quarter 2015 net loss was $6.6 million and diluted loss per share was $0.12.

 

For further information about GMP Capital Inc., our results for third quarter 2015 and the meaning of certain references, this earnings release should be read in conjunction with our unaudited interim condensed consolidated financial statements as at and for the three and nine months ended September 30, 2015 (Third Quarter 2015 Financial Statements), and our management's discussion and analysis for the three and nine months ended September 30, 2015 (Third Quarter 2015 MD&A), which can be accessed on our website at gmpcapital.com and on SEDAR at sedar.com. Unless otherwise indicated, all dollar amounts are expressed in Canadian dollars and have been taken from our Third Quarter 2015 Financial Statements prepared in accordance with International Financial Reporting Standards (IFRS).

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GMP Capital to Announce Third Quarter Results

TORONTO, ON. (October 5, 2015) – GMP Capital Inc. (GMP) (TSX: GMP) will release its third quarter 2015 financial results on Friday, November 6, 2015.  Third quarter results are expected to be released at approximately 6:00 a.m. (ET).

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August 7, 2015 GMP Reports Q2/15 Results

•           Earned adjusted1 net income of $5.0 million on record advisory revenue

 Toronto, August 7, 2015 - GMP Capital Inc. (GMP) (TSX: GMP) today reported revenue of $79.2 million in second quarter 2015, down 1% compared with the same period a year ago. GMP recorded net income of $5.5 million and diluted earnings per share (EPS) of $0.06 in second quarter 2015 compared with net income of $12.4 million and EPS of $0.15 in second quarter 2014.  On an adjusted basis1, second quarter 2015 net income was $5.0 million and EPS was $0.06.

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GMP to Announce Second Quarter 2015 Results

TORONTO, ON. (July 6, 2015) – GMP Capital Inc. (GMP) (TSX: GMP) will release its second quarter 2015 financial results on Friday, August 7, 2015.  Second quarter results are expected to be released at approximately 6:00 a.m. (EST).

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Review our forward-looking statements disclosure. 

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