Brookfield Select Opportunities Income Fund Announces Normal Course Issuer Bid for Units
June 19 2014 - 3:25PM
Marketwired
Brookfield Select Opportunities Income Fund Announces Normal Course
Issuer Bid for Units
TORONTO, ONTARIO--(Marketwired - Jun 19, 2014) - Brookfield
Select Opportunities Income Fund (the "Fund") (TSX:BSO.UN)
announced today acceptance by the Toronto Stock Exchange (the
"TSX") of the Fund's Notice of Intention to make a Normal Course
Issuer Bid (the "NCIB").
Pursuant to the NCIB, the Fund proposes to purchase through the
facilities of the TSX, from time to time, if it is considered
advisable, up to 1,920,000 units of the Fund, representing
approximately 10% of the public float, being 19,200,000 units of
the Fund (the "Units") as of the close of business of June 10,
2014. The Fund will not purchase in any given 30-day period, in the
aggregate, more than 384,000 Units, representing approximately 2%
of the issued and outstanding Units, being 19,200,000 Units as of
the close of business of June 10, 2014. Purchases of Units under
the NCIB may commence on June 23, 2014. The Fund believes that such
purchases are in the best interests of the Fund and are a desirable
use of the Fund's funds. All purchases will be made through the
facilities of the TSX in accordance with its rules and policies.
All Units purchased by the Fund pursuant to the NCIB will be
cancelled. The NCIB will expire on June 22, 2015.
Brookfield Asset Management
Brookfield is a global alternative asset manager with $190
billion in assets under management as of March 31, 2014. We have
over a 100-year history of owning and operating assets with a focus
on property, renewable power, infrastructure and private equity. We
offer a range of public and private investment products and
services, which leverage our expertise and experience and provide
us with a distinct competitive advantage in the markets where we
operate. On behalf of our clients, Brookfield is also an active
investor in the public securities markets, where our experience
extends over 30 years. Over this time, we have successfully
developed several investment operations and built expertise in the
management of institutional portfolios, retail mutual funds, and
structured product investments.
The Fund uses its web site as a channel of distribution of
material company information. Financial and other material
information regarding the Fund is routinely posted on and
accessible at www.brookfieldim.com.
BrookfieldInvestor Relations(855)
777-8001funds@brookfield.comwww.brookfieldim.com
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