![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cymbria Corporation | TSX:CYB | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.12 | 0.16% | 73.42 | 73.20 | 73.68 | 73.42 | 73.33 | 73.33 | 2,645 | 20:59:11 |
TORONTO, June 27, 2013 /CNW/ - Cymbria Corporation ("Cymbria") [TSX: CYB] today announced that shareholders have overwhelmingly approved its proposal to amend its constating documents to provide for a Liquidity Realization Opportunity ("LRO") in respect of both Class A Shares and Class J Shares. Subject to the satisfaction of certain conditions and receipt of board approval, Cymbria's first LRO will be initiated on or about July 22, 2013 with a redemption date to tender shares on or about August 30, 2013.
At a Special Meeting held today, holders of 55% of Class J Shares and 38% of Class A Shares, present or represented by proxy, voted 100% and 99.5% in favour of the LRO, respectively. "The enormously positive response to our proposal reflects our belief that we're doing the right thing for our shareholders," says Patrick Farmer, Cymbria's Chairman of the Board. "Proxy voting typically isn't high on most people's list of things to do. The vast support we received for this LRO initiative is a testament to our deep partnerships with our shareholders."
Further details on the approaching LRO will be released in the coming weeks.
ABOUT CYMBRIA CORPORATION
Cymbria's investment objective is to provide shareholders with long-term
capital appreciation through an actively managed portfolio comprised
primarily of global equities and an investment in EdgePoint Wealth
Management Inc. Cymbria began trading on the TSX on November 4, 2008
under the symbol CYB.
FORWARD-LOOKING STATEMENTS
This news release may contain forward-looking statements, specifically
relating to the intention to initiate an LRO, that are based on current
expectations and are subject to known and unknown uncertainties and
risks, which could cause actual results to differ materially from those
contemplated or implied by such forward-looking statements. Cymbria is
under no obligation to update any forward-looking statements contained
herein should material facts change due to new information, future
events or otherwise.
SOURCE Cymbria Corporation
Copyright 2013 Canada NewsWire
1 Year Cymbria Chart |
1 Month Cymbria Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions