The Keg Royalties Income Fund Announces June 2013 Cash Distribution

VANCOUVER, BRITISH COLUMBIA - (Marketwired - June 12, 2013) - The Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) today announced that its June 2013 distribution of $0.08 cents per unit has been declared and is payable to unitholders of record as at June 21, 2013. The June 2013 distribution will be paid on June 28, 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.

About Vancouver-based 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 ten years. For more information on our brand visit www.kegsteakhouse.com.

Contact:

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

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

LemonShark Poke
We're not a stuffy, corporate franchise brand. Our brand culture emphasizes the idea of just being you, and have some fun building equity in your...
Liberty Tax Service
A leading income tax preparation franchise in the U.S. and Canada.
Anytime Fitness
Align with the world leader in fitness. Recurring-revenue business model, multi-club ownership potential. Don’t just join a franchise, join a...
Huddle House
Everyone knows a House is a good investment! Huddle House is a full service restaurant, serving delicious meals, cooked to order...
The Simple Greek
The Simple Greek is redefining the traditional Greek restaurant with an interactive concept that combines premium ingredients, open kitchens and...
Share This Page

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
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.