Cymbria Corporation Announces Normal Course Issuer Bid

    




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 TORONTO, May 17, 2012 /CNW/ - Cymbria Corporation  ("Cymbria"  or "the Company") announced today that it has filed a notice with the  Toronto Stock Exchange and received its approval to make a Normal  Course Issuer Bid ("NCIB") permitting the Company to purchase for  cancellation of up to 1,421,059 non-voting, non-redeemable Class A  Shares (the "Shares") representing 10% of the Company's public float of  Shares as of May 14, 2012.   As of May 14, 2012, Cymbria had a total of  14,326,467 Shares issued and outstanding. 

 Cymbria may buy back Shares from time to time during the twelve-month  period beginning on May 17, 2012 and ending on May 16, 2013. Any  purchases under the NCIB will be made through the facilities of the  TSX. 

 In accordance with TSX rules, the Company can purchase a maximum of  286,529 Shares during a 30-day period, subject to certain TSX  exceptions. 

 The Company is implementing the NCIB to allow it to purchase Shares if  and when it makes sense to do so. 

 Under the Company's previous NCIB which expired on May 15, 2012, the  Company purchased for cancellation 173,000 Shares at a weighted average  price of $11.95. 

 ABOUT CYMBRIA CORPORATION 

 Cymbria Corporation is a non-redeemable investment fund with an  investment objective to provide shareholders with long-term capital  appreciation through an actively managed portfolio comprised primarily  of global equity securities and an investment in EdgePoint Wealth  Management Inc. Cymbria began trading on the TSX on November 4, 2008  under the symbol CYB. 

Cymbria Corporation


CONTACT:  Patrick Farmer at 416.963.9353 or [e-mail] 


    

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