Ms. Kristie Plaquin reports
K-BRO DECLARES JUNE 2025 DIVIDEND
K-Bro Linen Inc. has declared a dividend of 10.00 cents per common share of the corporation for the period from June 1 to June 30, 2025, to be paid on July 15, 2025, to holders of record of common shares on June 30, 2025.
The corporation's policy is for shareholders of record on the last business day of a calendar month to receive dividends during the 15 days following the end of such month. K-Bro designates this dividend as an eligible dividend pursuant to Subsection 89(14) of the Income Tax Act (Canada) and similar provincial and territorial legislation.
About K-Bro Linen Inc.
K-Bro is the largest owner and operator of laundry and linen processing facilities in Canada. K-Bro provides a comprehensive range of general linen and operating room linen processing, management and distribution services to health care institutions, hotels and other commercial accounts. K-Bro currently operates 11 processing facilities under two distinctive brands, including K-Bro Linen Systems Inc. and Buanderie HMR, in eight Canadian cities: Quebec City, Montreal, Toronto, Edmonton, Calgary, Regina, Vancouver and Victoria.
Fishers was established in 1900, and is an operator of laundry and linen processing facilities in Scotland, providing linen rental, workwear hire and clean room garment services to the hospitality, health care, manufacturing and pharmaceutical sectors. Fishers' client base includes major hotel chains and prestigious venues across Scotland and the northeast of England. The company operates sites in Scotland and the northeast of England with facilities in Cupar, Perth, Newcastle, Livingston and Coatbridge.
Shortridge has operated as a family-run business since the 1990s, and is based in Cumbria, with plants in Lillyhall and Dumfries, and a distribution depot in Darlington. It specializes in providing high-quality laundry services to local independent hospitality businesses, including hotels, bed and breakfasts, self-catering units, and restaurants.
Star Mayan is a holding company that owns 100-per-cent interests in three operating businesses: Synergy, Grosvenor and AeroServe. Star Mayan is a leading commercial laundry business in England, serving the health care and hospitality markets. Typical services offered include processing, management and distribution of health care and hospitality linens, including sheets, blankets, towels, surgical gowns and other linen. Star Mayan has seven operating facilities strategically located across England: Bermondsey, Derby, Dunstable, Sheffield, Slough (two) and St. Helens, in addition to a distribution depot in Manchester.
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