The Keg Royalties Income Fund Announces July 2013 Cash Distribution
July 11 2013 - 10:02PM
Marketwired
The Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) today
announced that its July 2013 distribution of $0.08 cents per unit
has been declared and is payable to unitholders of record as at
July 21, 2013. The July 2013 distribution will be paid on July 31,
2013.
The Fund is a limited purpose, open-ended trust established
under the laws of Ontario. The Fund indirectly owns certain
trademarks and other related intellectual property used by Keg
Restaurants Ltd. ("KRL") in its Keg Steakhouses & Bars. In
exchange for the use of those trademarks, KRL pays the Fund a
royalty equal to 4% of the sales of all Keg restaurants in the
royalty pool.
Vancouver-based Keg Restaurants Ltd. is the leading operator and
franchisor of steakhouse restaurants in Canada and has a
substantial presence in select regional markets in the United
States. KRL continues to operate The Keg restaurant system and
expand that system through the addition of both corporate and
franchised Keg steakhouses. Keg Restaurants Ltd. has been named one
of the "50 Best Employers in Canada" by Aon Hewitt for the past ten
years. For more information on our brand visit
www.kegsteakhouse.com.
Contacts: Karyn Byrne, Investor Relations
416-646-4960karynb@kegrestaurants.com www.kegincomefund.com
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