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VANCOUVER, BC, Jan. 5, 2021 /CNW/ -
A&W Food Services of Canada Inc. ( Food Services ) announced today that it has filed an early warning report dated January 5, 2021 (the Early Warning Report ) with respect its ownership of securities indirectly exchangeable for limited voting units ( Limited Voting Units ) of A&W Revenue Royalties Income Fund (the Fund ).
Prior to December 11, 2020, Food Services had ownership and control of securities indirectly exchangeable for 4,338,740 Units of the Fund, representing approximately 23.6% of the outstanding voting securities of the Fund.
On December 11, 2020, Food Services acquired ownership and control of 147,772 limited partnership units ( LP Units ) of A&W Trade Marks Limited Partnership (the Partnership ), which are indirectly exchangeable for 147,772 Units of the Fund. This acquisition did not result in Food Services acquiring beneficial ownership of, or control or direction over, either (i) an additional 2% or mo