Pursuant to the Transaction, Jefferson Mooney and David Mindell directly and/or indirectly will receive 149,637 and 65,320 A&W Food Services NewCo Shares, respectively, in consideration for units of the Fund which they held directly and/or indirectly prior to closing representing approximately 0.62% and 0.27% of the issued and outstanding A&W Food Services NewCo Shares, respectively, as of closing. Immediately prior thereto, Jefferson Mooney and David Mindell each directly and/or indirectly owned or controlled 2,853,065 A&W Food Services NewCo Shares. Following closing of the transaction, Jefferson Mooney and David Mindell will directly and/or indirectly own 3,002,702 and 2,918,385 A&W Food Services NewCo Shares, respectively, representing 12.51% and 12.16% of the issued and outstanding A&W Food Services NewCo Shares, respectively, as of immediately following the closing.
An early warning report will be filed by each of Jefferson Mooney and David Mindell with applicable Canadian securities regulatory authorities. To obtain copies of such early warning reports, please contact investorrelations@aw.ca.
SOURCE A&W Revenue Royalties Income Fund
View original content: http://www.newswire.ca/en/releases/archive/October2024/17/c5153.html
/CONTACT:
For further information: Investor Contact, A&W Investor Relations, investorrelations@aw.ca, 604-988-2141; Media Contact, Trevor Zeck, FGS Longview, trevor.zeck@fgslongview.com, 604-375-5941
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(END) Dow Jones Newswires
October 17, 2024 14:51 ET (18:51 GMT)