Top 10 Split Trust Announces Normal Course Issuer Bid
30 4월 2013 - 5:03AM
Marketwired
Top 10 Split Trust (TSX:TXT.UN)(TSX:TXT.PR.A) (the "Fund") has
filed a Notice of Intention to make a normal course issuer bid to
purchase up to 152,694 Capital Units and 152,694 Preferred
Securities representing approximately 10% of the Fund's public
float of 1,526,948 units of each class as of April 25, 2013. The
Fund may purchase up to 30,538 units of each class in any 30-day
period which is 2% of the 1,526,948 units issued and outstanding of
each class as at April 25, 2013.
The Capital Units and Preferred Securities may be purchased for
cancellation from May 1, 2013 to April 30, 2014 through the
facilities of the TSX or other eligible alternative market and may
only be purchased together as a unit at a price per unit not
exceeding the last net asset value per unit. The Directors of the
manager of the Fund believe that such purchases are in the best
interest of the Fund and are a desirable use of its available
funds. The Fund has not purchased any Capital Units or Preferred
Securities during the previous year pursuant to any issuer bid.
For further information, please contact Investor Relations at
416.681.3966, toll free at 1.800.725.7172 or visit
www.strathbridge.com.
David Roode
President, Fund Services
Contacts: Strathbridge Asset Management Inc. Investor Relations
416.681.3966, or toll free at 1.800.725.7172
www.strathbridge.com
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