Article content material
TORONTO, Jan. 04, 2024 (GLOBE NEWSWIRE) — On December 18, 2023, The 2008 Caldwell Household Belief (the “Household Belief”) was wound up and distributed to one in all its beneficiaries, Dorothy Caldwell, 491,200 Frequent Shares of Urbana Company (the “Issuer”) and 237,800 Class A Shares of the Issuer for which the Household Belief acquired no consideration. The transaction was effected by a personal belief distribution transaction and never on a inventory change or different market.
The Household Belief distributed the securities it held within the Issuer in order that Dorothy Caldwell might maintain such securities immediately for funding functions solely as a substitute of not directly as beneficiary of the Household Belief. Mrs. Caldwell might or might not buy or promote securities of the Issuer sooner or later on the open market or in non-public transactions, relying on market circumstances and different elements.
Article content material
Because of this distribution, as at January 4, 2024, Thomas Caldwell continues to personal, immediately or not directly, 4,189,914 Frequent Shares representing 41.90% of the excellent Frequent Shares of the Issuer, management 601,447 Frequent Shares representing 6.01% of the excellent Frequent Shares of the Issuer, personal 1,200 Class A Shares representing lower than 0.004% of the excellent Class A Shares of the Issuer, and management 237,800 Class A Shares representing 0.76% of the excellent Class A Shares of the Issuer.
Instantly previous to the belief distribution, Thomas Caldwell owned, immediately or not directly, 4,189,914 Frequent Shares representing 41.90% of the excellent Frequent Shares of the Issuer, managed 601,447 Frequent Shares representing 6.01% of the excellent Frequent Shares of the Issuer, owned 1,200 Class A Shares representing lower than 0.004% of the excellent Class A Shares of the Issuer, and managed 237,800 Class A Shares representing 0.76% of the excellent Class A Shares of the Issuer.
For additional info, contact Thomas S. Caldwell, (416) 595-9106. Mr. Caldwell will also be contacted on the Issuer’s head workplace positioned at 150 King Avenue West, Suite 1702, Toronto, Ontario M5H 1J9. Mr. Caldwell is issuing this press launch pursuant to the “early warning necessities” in Nationwide Instrument 62-103.
Share this text in your social community