6-K
BANK OF MONTREAL /CAN/ (BMO)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
| For the month of: November, 2023 | Commission File Number: 001-13354 |
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BANK OF MONTREAL
(Name of Registrant)
| 100 King Street West | 129 rue Saint-Jacques |
|---|---|
| 1 First Canadian Place | Montreal, Québec |
| Toronto, Ontario | Canada, H2Y 1L6 |
| Canada, M5X 1A1 | |
| (Executive Offices) | (Head Office) |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☐ Form 40-F ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
INCORPORATION BY REFERENCE
The information contained in this Form 6-K and any exhibits hereto shall be deemed filed with the Securities and Exchange Commission (“SEC”) solely for purposes of incorporation by reference into and as part of the following registration statements of the registrant on file with and declared effective by the SEC:
| 1. | Registration Statement – Form F-3 – File<br>No. 333-214934 |
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| 2. | Registration Statement – Form F-3 – File<br>No. 333-264388 |
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| 3. | Registration Statement – Form S-8 – File<br>No. 333-191591 |
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| 4. | Registration Statement – Form S-8 – File<br>No. 333-180968 |
| --- | --- |
| 5. | Registration Statement – Form S-8 – File<br>No. 333-177579 |
| --- | --- |
| 6. | Registration Statement – Form S-8 – File<br>No. 333-177568 |
| --- | --- |
| 7. | Registration Statement – Form S-8 – File<br>No. 333-176479 |
| --- | --- |
| 8. | Registration Statement – Form S-8 – File<br>No. 333-175413 |
| --- | --- |
| 9. | Registration Statement – Form S-8 – File<br>No. 333-175412 |
| --- | --- |
| 10. | Registration Statement – Form S-8 – File<br>No. 333-113096 |
| --- | --- |
| 11. | Registration Statement – Form S-8 – File<br>No. 333-14260 |
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| 12. | Registration Statement – Form S-8 – File<br>No. 33-92112 |
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| 13. | Registration Statement – Form S-8 – File<br>No. 333-207739 |
| --- | --- |
| 14. | Registration Statement – Form S-8 – File<br>No. 333-237522 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| BANK OF MONTREAL | ||
|---|---|---|
| By: | /s/ Tayfun Tuzun | |
| Name: | Tayfun Tuzun | |
| Title: | Chief Financial Officer | |
| Date: November 16, 2023 | By: | /s/ Paul V. Noble |
| Name: | Paul V. Noble | |
| Title: | Corporate Secretary |
EXHIBIT INDEX
| Exhibit | Description of Exhibit |
|---|---|
| 99.1 | Press Release – BMO Announces Results of Conversion Privilege of Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 44 (NVCC) |
EX-99.1
Exhibit 99.1
News
FOR IMMEDIATE RELEASE
BMO Announces Results of Conversion Privilege of Non-Cumulative 5-Year Rate ResetClass B Preferred Shares, Series 44 (NVCC)
TORONTO, November 16, 2023 – Bank of Montreal (the “Bank”) (TSX:BMO) (NYSE:BMO) today announced that none of its 16 million Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 44 (Non-Viability Contingent Capital (NVCC)) (the “Preferred Shares Series 44”) will be converted on November 25, 2023 into Non-Cumulative Floating Rate Class B Preferred Shares, Series 45 (Non-Viability Contingent Capital (NVCC)) of the Bank (the “Preferred Shares Series 45”).
During the conversion period which ran from October 26, 2023 to November 10, 2023, 93,870 Preferred Shares Series 44 were tendered for conversion into Preferred Shares Series 45, which is less than the minimum 1,000,000 required to give effect to the conversion, as described in the Preferred Shares Series 44 prospectus supplement dated September 10, 2018. As a result, no Preferred Shares Series 45 will be issued on November 25, 2023 and holders of Preferred Shares Series 44 will retain their shares.
The Preferred Shares Series 44 are currently listed on the Toronto Stock Exchange under the symbol BMO.PR.E. As previously announced on October 26, 2023, the dividend rate for the five-year period commencing on November 25, 2023 to, but excluding, November 25, 2028, will be 6.816 per cent.
About BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.25 trillion as of July 31, 2023. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to over 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Goodin business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.
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For News Media Enquiries:
Jeff Roman, Toronto, Jeff.Roman@bmo.com, (416) 867-3996
For Investor Relations Enquiries:
Bill Anderson, Toronto, bill2.anderson@bmo.com, (416) 867-7834
Internet: www.bmo.com Twitter: @BMOMedia