Marc Guay, a Director, acquired 7,500 Units on a direct ownership basis at prices ranging from $19.770 to $19.840 between June 25th and 26th, 2018. This represents a $148,548 investment into the company's shares and an account share holdings change of greater than 100%.
Boston Pizza Royalties is in the Restaurants & Bars Sub Industry Group under the Consumer Cyclicals Sector.
Boston Pizza Royalties Income Fund is a limited purpose open-ended mutual fund trust. The Trust indirectly, through the Boston Pizza Royalties Limited Partnership (Royalties LP), acquires the trademarks and trade names owned by Boston Pizza International Inc. (BPI), including Boston Pizza and other related items, logos and designs used in connection with the operation of Boston Pizza restaurants in Canada. The Trust's sources of revenue include royalty income, distribution income and interest income. The Trust invests in Boston Pizza Canada Limited Partnership (BP Canada LP) to increase the Trust's interest in franchise sales of Boston Pizza Restaurants in the Royalty Pool. The Trust distributes all available cash from operations to the Trust unitholders after provisions for cash required for working capital and other reserves considered advisable by the Trust's Trustees. Boston Pizza GP Inc. is the managing general partner of the Trust.
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