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Enbridge Announces Conversion Results for Series 15 Preferred Shares

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Enbridge (NYSE:ENB) announced that no Series 15 Preferred Shares will be converted into Series 16 Preferred Shares on September 1, 2025. This decision comes after receiving insufficient conversion notices from shareholders, with less than the required 1,000,000 Series 15 Shares being tendered for conversion by the August 18, 2025 deadline.

Enbridge is a North American energy infrastructure company that operates natural gas, oil, and renewable power networks, including a European offshore wind portfolio. The company focuses on modern energy delivery infrastructure and is exploring new technologies like hydrogen, renewable natural gas, and carbon capture.

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Enbridge (NYSE:ENB) ha comunicato che nessuna azione privilegio di Serie 15 sarà convertita in azioni privilegio di Serie 16 il 1° settembre 2025. La decisione è stata presa perché fino alla scadenza del 18 agosto 2025 i soci non hanno presentato un numero sufficiente di richieste di conversione: sono state offerte meno di 1.000.000 di azioni di Serie 15, sotto la soglia richiesta.

Enbridge è una società nordamericana di infrastrutture energetiche che gestisce reti di gas naturale, petrolio e energie rinnovabili, inclusi parchi eolici offshore in Europa. L’azienda si concentra sulla modernizzazione delle infrastrutture di distribuzione energetica e sta esplorando tecnologie emergenti come l’idrogeno, il gas naturale rinnovabile e la cattura del carbonio.

Enbridge (NYSE:ENB) anunció que ninguna acción preferente Serie 15 se convertirá en acciones Serie 16 el 1 de septiembre de 2025. Esta decisión se debe a que no se recibieron avisos de conversión suficientes por parte de los accionistas: antes de la fecha límite del 18 de agosto de 2025 se presentaron menos de 1.000.000 de acciones Serie 15, por debajo del umbral requerido.

Enbridge es una compañía norteamericana de infraestructuras energéticas que opera redes de gas natural, petróleo y energía renovable, incluyendo un portafolio eólico offshore en Europa. La empresa se enfoca en modernizar la infraestructura de suministro energético y está investigando tecnologías nuevas como el hidrógeno, el gas natural renovable y la captura de carbono.

Enbridge (NYSE:ENB)는 2025년 9월 1일에 시리즈 15 우선주가 시리즈 16 우선주로 전환되지 않을 것이라고 발표했습니다. 이 결정은 주주들로부터 전환 통지가 부족했기 때문이며, 2025년 8월 18일 마감일까지 1,000,000주 미만의 시리즈 15주만 전환 신청되어 필요한 기준에 미달했습니다.

Enbridge는 북미의 에너지 인프라 기업으로 천연가스, 석유 및 재생에너지 네트워크를 운영하며 유럽 해상 풍력 포트폴리오도 보유하고 있습니다. 회사는 현대적 에너지 공급 인프라에 주력하며 수소, 재생 천연가스, 탄소 포집 등 신기술을 검토하고 있습니다.

Enbridge (NYSE:ENB) a annoncé qu’aucune action privilégiée de série 15 ne sera convertie en actions de série 16 le 1er septembre 2025. Cette décision intervient après un nombre insuffisant de notifications de conversion de la part des actionnaires : moins de 1 000 000 d’actions de série 15 ont été proposées pour conversion avant la date limite du 18 août 2025, en deçà du seuil requis.

Enbridge est une entreprise nord‑américaine d’infrastructures énergétiques qui exploite des réseaux de gaz naturel, de pétrole et d’énergies renouvelables, incluant un portefeuille d’éolien offshore en Europe. La société se concentre sur la modernisation des infrastructures de distribution d’énergie et explore des technologies nouvelles comme l’hydrogène, le gaz naturel renouvelable et la capture du carbone.

Enbridge (NYSE:ENB) gab bekannt, dass am 1. September 2025 keine Series‑15‑Vorzugsaktien in Series‑16‑Vorzugsaktien umgewandelt werden. Diese Entscheidung fiel, da nicht genügend Umwandlungsanzeigen von Aktionären eingegangen sind: bis zur Frist am 18. August 2025 wurden weniger als 1.000.000 Series‑15‑Aktien zur Umwandlung eingereicht, somit unterhalb der erforderlichen Schwelle.

Enbridge ist ein nordamerikanisches Energieinfrastrukturunternehmen, das Netze für Erdgas, Öl und erneuerbare Energien betreibt und unter anderem ein Offshore‑Windportfolio in Europa besitzt. Das Unternehmen konzentriert sich auf moderne Energieübertragungsinfrastruktur und prüft neue Technologien wie Wasserstoff, erneuerbares Erdgas und CO2‑Abscheidung.

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CALGARY, AB, Aug. 18, 2025 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge) announced today that none of its outstanding Cumulative Redeemable Preference Shares, Series 15 (Series 15 Shares) will be converted into Cumulative Redeemable Preference Shares, Series 16 (Series 16 Shares) on September 1, 2025.

After taking into account all conversion notices received from holders of its outstanding Series 15 Shares by the August 18, 2025 deadline for the conversion of the Series 15 Shares into Series 16 Shares, less than the 1,000,000 Series 15 Shares required to give effect to conversions into Series 16 Shares were tendered for conversion.

About Enbridge Inc. 

At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our growing European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We're advancing new technologies including hydrogen, renewable natural gas, carbon capture and storage. Headquartered in Calgary, Alberta, Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges. To learn more, visit us at enbridge.com.

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SOURCE Enbridge Inc.

FAQ

What was announced about Enbridge's Series 15 Preferred Shares conversion?

Enbridge announced that no Series 15 Preferred Shares will be converted to Series 16 Preferred Shares on September 1, 2025, as less than the required 1,000,000 shares were tendered for conversion.

When was the deadline for Enbridge's Series 15 Shares conversion notices?

The deadline for Series 15 Shares conversion notices was August 18, 2025.

What is the minimum number of shares required for ENB's Series 15 to Series 16 conversion?

A minimum of 1,000,000 Series 15 Shares were required to be tendered to give effect to the conversion into Series 16 Shares.

What are Enbridge's main business operations?

Enbridge operates North American natural gas, oil, and renewable power networks, along with a European offshore wind portfolio. They also invest in new technologies including hydrogen, renewable natural gas, and carbon capture.
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