Energy Income Fund Announces that the Maximum Number of Units Redeemable for the 2011 Annual Redemption Has Been Reached
21 Settembre 2011 - 11:06AM
PR Newswire (Canada)
TORONTO, Sept. 23, 2011 /CNW/ - Crown Hill Capital Corporation, the
Manager and Trustee of Energy Income Fund (the "Trust"), announced
today that the Trust has purchased 703,566 units for cancellation
under its Normal Course Issuer Bid program between December 1, 2010
and September 23, 2011. Pursuant to subsection 6.25(7) of the
Declaration of Trust, on an annual basis the maximum number of
Trust units redeemable in a year pursuant to the Annual Redemption
will be 10% of the Public Float of the Trust as determined on the
first business day of a calendar year less the number of Trust
units purchased for cancellation by the Trust during the preceding
twelve (12) month period (the "Maximum Redemption Amount"). The
Trust provides liquidity and market price support for unitholders
through purchases in the open market via normal course issuer bids.
The public float as determined on January 4, 2010 was 7,035,664
units and 10% of the public float was 703,566 units. The
Maximum Redemption Amount for the 2011 Annual Redemption on
November 29, 2011 has been reached and therefore there will be no
additional units redeemable under the annual redemption privilege
for this year. Certain statements contained in this news release
constitute forward-looking information within the meaning of
Canadian securities laws. Forward-looking information may relate to
matters disclosed in this press release and to other matters
identified in public filings relating to the Fund, to the future
outlook of the Fund and anticipated events or results and may
include statements regarding the future financial performance of
the Fund. In some cases, forward-looking information can be
identified by terms such as "may", "will", "should", "expect",
"plan", "anticipate", "believe", "intend", "estimate", "predict",
"potential", "continue" or other similar expressions concerning
matters that are not historical facts. Actual results may vary from
such forward-looking information. Energy Income Fund CONTACT:
please contact the Investor Relations department at
416.361.9673ortoll-free at 1.877.261.9674.
Copyright
Grafico Azioni Energy Income (TSX:ENI.UN)
Storico
Da Apr 2024 a Mag 2024
Grafico Azioni Energy Income (TSX:ENI.UN)
Storico
Da Mag 2023 a Mag 2024