The Keg Royalties Income Fund Announces January 2014 Cash Distribution
December 18 2013 - 10:14PM
Marketwired
The Keg Royalties Income Fund Announces January 2014 Cash
Distribution
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 18, 2013) - The
Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) today announced
that its January 2014 distribution of $0.08 cents per unit has been
declared and is payable to unitholders of record as at December 31,
2013. The January 2014 distribution will be paid on January 31,
2014. The record date for this distribution is earlier than in
other months to coincide with the Fund's year-end.
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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