The Keg Royalties Income Fund Announces December 2013 Cash Distribution
December 13 2013 - 12:04AM
Marketwired
The Keg Royalties Income Fund Announces December 2013 Cash
Distribution
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 13, 2013) - The
Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) today announced
that its December 2013 distribution of $0.08 cents per unit has
been declared and is payable to unitholders of record as at
December 21, 2013. The December 2013 distribution will be paid on
December 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.
The Keg Royalties Income FundNeil
Maclean604-276-0242neilm@kegrestaurants.comwww.kegincomefund.com
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