The Keg Royalties Income Fund Announces January 2012 Cash Distribution

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2011) - The Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) today announced that its January 2012 distribution of $0.08 cents per unit has been declared and is payable to unitholders of record as at December 31, 2011. The January 2012 distribution will be paid on January 31, 2012. 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.

About Keg Restaurants Ltd.

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 nine years. Established in North Vancouver in 1971, The Keg celebrates its 40th anniversary in 2011. For more information on our brand visit www.kegsteakhouse.com.

Contact:

The Keg Royalties Income Fund
Karyn Byrne
Investor Relations Manager
416-646-4960
karynb@kegrestaurants.com
www.kegincomefund.com

 

###

Share this Story:

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Caring Senior Service
Join a unique franchise with over 25 years of experience and the most comprehensive support and training system in our industry. There will never be...
Which Wich® Superior Sandwiches
Which Wich is changing the franchising game with our fun, personalized, and incredibly attractive business approach.
MassageLuXe
MassageLuXe® is a fast-growing massage franchise providing massage services to clients, primarily through multi-unit area developers & single...
Learning Express
Learning Express is the nation's leading specialty toy store franchise - dedicated to providing toys that encourage learning through play, a...
Blue Coast Burrito
Bring a healthy alternative to traditional fast food to your location with Blue Coast Burrito. Blue Coast is an ideal fit for experienced operators...

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2017. All Rights Reserved.

In Loving Memory Of Timothy Gardner (1987-2014)