April 6, 2017 / 4:27 PM / in 8 months

BRIEF-Brompton Split Banc Corp. announces intention to implement class A share split

April 6 (Reuters) - Brompton Split Banc Corp:

* Brompton Split Banc Corp. announces intention to implement a class A share split and concurrent preferred share private placement

* Following share split, class A shareholders to continue to receive currently targeted monthly distribution of $0.10/class A share

* Expects share split, private placement will result in about 20% increase in number of outstanding class A and preferred shares Source text for Eikon: Further company coverage:

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