11:50:31 EDT Sat 20 Apr 2024
Enter Symbol
or Name
USA
CA



Energy Leaders Plus Income Fund
Symbol HPF
Shares Issued 3,707,000
Close 2014-11-20 C$ 9.81
Market Cap C$ 36,365,670
Recent Sedar Documents

Energy Leaders Plus to buy back up to 370,580 units

2014-11-21 13:27 ET - News Release

An anonymous director reports

ENERGY LEADERS PLUS INCOME FUND ANNOUNCES NORMAL COURSE ISSUER BID

Energy Leaders Plus Income Fund will commence a normal course issuer bid to purchase a portion of the outstanding Class A units on the Toronto Stock Exchange. The purpose of the normal course issuer bid for Energy Leaders Plus is to provide the fund with a mechanism to decrease the potential spread between the net asset value per unit and the market price of the Class A units, and to provide enhanced liquidity for the Class A units. Energy Leaders Plus intends to purchase up to 370,580 Class A units, representing 10 per cent of the public float of the securities issued and outstanding. These purchases will be made in accordance with applicable regulations, and will be effected through the facilities of TSX over a maximum period of 12 months commencing on Nov. 26, 2014, and ending on the earlier of Nov. 25, 2015, or on such date as the fund completes its purchase under the normal course issuer bid or on such date as the fund may otherwise determine. Class A units purchased will be cancelled. Energy Leaders Plus had 3,707,000 Class A units issued and outstanding and will not purchase, in any given 30-day period, in total, more than 74,140 Class A units, being 2 per cent of the issued and outstanding Class A units as at Nov. 20, 2014.

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