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TORONTO,
Aug. 29, 2013 /CNW/ - Cymbria
Corporation ("Cymbria" or the "Company") [TSX: CYB] announced today
that 481,785 class A shares ("Class A Shares") and 86,500 class J
shares ("Class J Shares") have been surrendered for redemption in
accordance with the Company's previously announced Liquidity
Realization Opportunity.
The Company will redeem 279,952 Class A Shares
at a price per Class A Share of $18.87 and 86,500 Class J Shares at a price per
Class J Share of $19.85 on
August 30, 2013. Class A Shares will
be redeemed pro-rata, according to the number of Class A Shares
tendered for redemption by each holder in minimum amounts of 100
shares. Holders of Class A Shares and/or Class J Shares shall
receive payment for their redeemed Class A Shares and/or Class J
Shares prior to September 14,
2013.
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 planned redemption of Class A Shares
and Class J Shares, 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