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Public market insider buying at The Keg Royalties Inc Fnd (T:KEG)

Updated Thursday Oct 24, 2019 01:47 AM EDT

Cara Operations Limited, a 10% Holder, acquired 231,500 Trust Units on a direct ownership basis at a price of $15.990 on October 22nd, 2019. This represents a $3,701,685 investment into the company's shares and an account share holdings change of greater than 100%.

The Keg Royalties Inc Fnd is in the Restaurants & Bars Sub Industry Group under the Consumer Cyclicals Sector.

The Keg Royalties Income Fund is a limited purpose, open-ended trust. The Trust's objective is to provide consistent monthly distributions to unitholders at the highest sustainable level, and the Trustees of the Trust review distribution levels on an ongoing basis to fulfill that objective. The Trust pays distributions on a monthly basis to unitholders. The Trust is administered by its trustees and by the Keg Rights Limited Partnership (Partnership). The Trust, through the Partnership, owns The Keg trademarks and other related intellectual property from Keg Restaurants Ltd. The Trust makes cash distributions to its unitholders of amounts received by the Trust pursuant to interest paid on the Keg Loan and the Notes and pursuant to distributions on the Trust Units, less estimated amounts required for the payment of expenses, any cash redemptions of Units and reasonable reserves. The Keg GP Ltd. is the managing general partner of the Partnership and administrator of the Trust.

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Go to The Keg Royalties Income Fund (KEG)'s company page

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