Mr. Neil Maclean reports
KEG RESTAURANTS LTD. ANNOUNCES CHANGE IN FINANCIAL YEAR-END
Keg Restaurants Ltd. is changing its financial year-end from the Sunday closest to the end of September in any year to the last Sunday of December, in accordance with the requirements of National Instrument 51-102 (Continuous Disclosure Obligations).
The change is being implemented to align the company's financial year-end with the financial year-end of the company's parent, Recipe Unlimited Corp. (formerly Cara Operations Ltd.).
As a result of the change, the company will have a transitional 15-month financial year ending on Dec. 30, 2018, it being the last Sunday of December, 2018. Further details regarding the change in the financial year-end, including the company's interim reporting periods, will be available in the company's notice of change of financial year-end prepared in accordance with Section 4.8 of NI 51-102, which will be filed on SEDAR.
The change in KRL's year-end date will not impact the operation of The Keg Royalties Income Fund (KRIF), nor its financial reporting obligations or its existing year-end of Dec. 31.
© 2024 Canjex Publishing Ltd. All rights reserved.