S Split Corp.

S Split Corp.
Strathbridge Asset Management Inc.

Strathbridge Asset Management Inc.

April 29, 2013 16:03 ET

S Split Corp. Announces Normal Course Issuer Bid

TORONTO, ONTARIO--(Marketwired - April 29, 2013) - S Split Corp. (TSX:SBN)(TSX:SBN.PR.A) (the "Fund") has filed a Notice of Intention to renew its previous normal course issuer bid to purchase up to 329,531 Class A Shares and 329,531 Preferred Shares representing approximately 10% of the public float of 3,295,312 Class A Shares and 3,295,312 Preferred Shares, as of April 25, 2013. The Fund may purchase up to 65,906 of each respective class of shares in any 30 day period which is 2% of the 3,295,312 shares issued and outstanding of each respective class as at April 25, 2013.

The shares 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 share not exceeding the last net asset value per unit. The Directors 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 Class A Shares or Preferred Shares 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

Contact Information

  • Strathbridge Asset Management Inc.
    Investor Relations
    416.681.3966 or toll free at 1.800.725.7172