Brookfield Asset Management Announces Results of Conversion of its Series 40 Preferred Shares

BROOKFIELD, NEWS, Sept. 19, 2019 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (TSX: BAM.A, NYSE: BAM) today announced that after having taken into account all election notices received by the September 16, 2019 deadline for the conversion of its Cumulative Class A Preference Shares, Series 40 (the Series 40 Shares) (TSX: BAM.PF.F) into Cumulative Class A Preference Shares, Series 41 (the Series 41 Shares), there were 116,560 Series 40 Shares tendered for conversion, which is less than the one million shares required to give effect to conversions into Series 41 Shares.