Sponsored Vehicle Exchange Calculator
On December 17, 2018, Enbridge Inc. acquired all of the outstanding public common units of EEP on the basis of 0.335 Enbridge common shares for each common unit of EEP. Learn more about this transaction.
Please enter the number of EEP common units you own to see the conversion to Enbridge’s common shares.
Results
| Number of Enbridge common shares owned after conversion |
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To simplify the exchange to Enbridge common shares, all fractional shares will result in a one-time cash payment of |
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See Full Calculation
| A: Number of EEP units owned |
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| B: Agreed exchange ratio |
0.3350 |
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| C: Number of Enbridge common shares after conversion (including fractional shares; A * B) |
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| D: Enbridge common shares |
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| E: Enbridge common share price at close of transaction |
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| F: Total value of Enbridge common shares at close of transaction (D * E) |
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| G: Fractional shares (Decimal portion of C) |
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| H: ENB volume weighted average price* |
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| I: One-time cash payout for fractional shares (G * H) |
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| J: Total value of Enbridge common shares plus cash payout (F + I) |
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Learn more about the Enbridge acquisition.
The Sponsored Vehicle Exchange Calculator is provided solely as a convenience to former unitholders of EEP. EEP and Enbridge make no representations or warranties of any kind as to the accuracy, reliability or completeness of information provided through the Calculator. In no event shall EEP or Enbridge be liable to you or any third party for damages of any kind arising out of or in connection with the use of the Calculator. The Calculator is subject to the Terms of Use of Enbridge’s website.
All former EEP unitholders should consult with their own financial, tax, legal and other advisors about the effect of the transaction on them.
* For more information please refer to the Definitive Proxy Statement.