Gienow Windows & Doors Income Fund
TSX : GIF.UN

Gienow Windows & Doors Income Fund

October 03, 2007 07:30 ET

Gienow Windows & Doors Income Fund Files Notice of Special Meeting and Management Information Circular

CALGARY, ALBERTA--(Marketwire - Oct. 3, 2007) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. CITIZENS

Gienow Windows & Doors Income Fund (the "Fund") (TSX:GIF.UN) today announced that it has filed with the Canadian securities regulatory authorities the notice of the special meeting and management information circular in connection with the previously announced special meeting at which unitholders will be asked to consider and approve the sale of the underlying business of the Fund to affiliates of H.I.G. Capital, LLC and the redemption of units held by unitholders for cash consideration equal to $4.20 per Unit (based on 25,147,500 units outstanding), as more fully described in the information circular. Unitholders may obtain a copy of the notice and information circular on the Canadian securities regulatory authorities' SEDAR website at www.sedar.com.

The special meeting of unitholders will be held in Calgary at 9:00 a.m. (Calgary time) on October 29, 2007 at the Marriott Hotel (Kensington Room A), 110 - 9th Avenue S.E., Calgary, Alberta. Unitholders as of the close of business on September 28, 2007, the record date for the special meeting, are being mailed the meeting materials and will be entitled to vote at the special meeting.

The information circular contains, among other things, the recommendation of the board of trustees of the Fund that unitholders vote in favour of the proposed transaction, the reasons for the recommendation of the board of trustees and the fairness opinion of RBC Capital Markets, financial advisor to the Fund. Unitholders are urged to carefully read the information circular which contains important information regarding the special meeting and the proposed transaction.

Contact Information

  • Gienow Windows & Doors Income Fund
    Mike Lefroy
    President
    (403) 203-8200 or Toll Free: 1-800-297-6102
    or
    Gienow Windows & Doors Income Fund
    Mark Weder
    VP Finance and Chief Financial Officer
    (403) 203-8200 or Toll Free: 1-800-297-6102
    Email: invest@gienowincomefund.ca