includes the transfer, sale, assignment or cession, or disposal in any other manner, of a security or the cancellation or redemption of that security, but does not include—
| a) | any event that does not result in a change in beneficial ownership; |
| b) | any issue of a security; or |
| c) | a cancellation or redemption of a security if the company which issued the security is being wound up, liquidated or deregistered or its corporate existence is being finally terminated; |