Enbridge Announces Conversion Results for Series 15 Preferred Shares

New Delhi: Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) 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 of Enbridge (Series 16 Shares) on September 1, 2020.

After taking into account all conversion notices received from holders of its outstanding Series 15 Shares by the August 17, 2020 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.