Business News • MarketWire • Omega Advisors U.S. Capital Appreciation Fund Announces Amendment to Normal Course Issuer Bid |
Omega Advisors U.S. Capital Appreciation Fund Announces Amendment to Normal Course Issuer Bid |
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Omega Advisors U.S. Capital Appreciation Fund Announces Amendment to Normal Course Issuer Bid
TORONTO, ONTARIO--(Marketwire - Nov. 9, 2012) - Omega Advisors U.S. Capital Appreciation Fund (TSX:OUS.UN) (the "Fund"), today announced an amendment to the normal course issuer bid (the "Bid") for its class A units ("Units").
As at November 8, 2012, the Fund has 3,835,051 Units issued and outstanding. Under the amendment to the Bid, the Fund may purchase up to 330,875 Units in aggregate from the period beginning on September 4, 2012 and ending on September 3, 2013 representing 10% of the Fund's public float of 3,308,751, and may not, in any 30 day period, purchase more than 76,701 Units representing 2% of the Units issued and outstanding. All Units purchased pursuant to the Bid will be cancelled. Unit purchases will be made only through facilities of the TSX and will be in accordance with the TSX's rules and policies.
View More : http://www.marketwire.com/mw/release.do?id=1724097&sourceType=3
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