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Public market insider buying at Sir Royalty Income Fund (T:SRV)

Updated Wednesday Jan 09, 2019 01:55 AM EDT

William Frederick Irvine, a 10% Holder, acquired 24,400 Units on an indirect ownership basis for registered holder yorkholding at prices ranging from $13.220 to $15.180 between December 27th, 2018 and January 3rd, 2019. This represents a $340,873 investment into the company's shares and an account share holdings change of 23.6%.

Sir Royalty Income Fund is in the Restaurants & Bars Sub Industry Group under the Consumer Cyclicals Sector.

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor's Bar and Grill and Canyon Creek Chop House, and signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Far Niente/FOUR/Petit Four and the Loose Moose Tap & Grill, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership). The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund intends to pay distributions to unitholders on a monthly basis. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership. SIR also owns and operates a Duke's Refresher & Bar located in downtown Toronto and one seasonal restaurant, Abbey's Bakehouse.

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Go to Sir Royalty Income Fund (SRV)'s company page

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