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TORONTO, June 29,
2022 /CNW/ - Cymbria Corporation (TSX: CYB)
("Cymbria") announced today that with the assistance of an
independent valuator and the Valuation Committee, the value of
Cymbria's investment in EdgePoint
Wealth Management Inc. ("EdgePoint") has been decreased from
$265,499,235 to $241,421,648. It is expected this will result in
a decrease to Cymbria's A share
aNAV of approximately 1.72% or $0.98
per share.
After the revaluation, EdgePoint will represent approximately
18.4% of Cymbria's Portfolio.
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.
SOURCE Cymbria Corporation