Top 10 Split Trust
TSX : TXT.UN
TSX : TXT.PR.A

Top 10 Split Trust
Strathbridge Asset Management Inc.

Strathbridge Asset Management Inc.

April 29, 2013 16:03 ET

Top 10 Split Trust Announces Normal Course Issuer Bid

TORONTO, ONTARIO--(Marketwired - April 29, 2013) - 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

Contact Information

  • Strathbridge Asset Management Inc.
    Investor Relations
    416.681.3966, or toll free at 1.800.725.7172
    www.strathbridge.com