2008-08-19 09:03:00
MISSISSAUGA, ONTARIO–(EMWNews – Aug. 19, 2008) – Prime Restaurants Royalty Income Fund (TSX:EAT.UN) announced today that it has declared a cash distribution of $0.094 per trust unit for the period August 1, 2008 to August 31, 2008. The distribution will be made September 15, 2008 to Unitholders of record at the close of business on August 29, 2008.
About the Royalty Income Fund
Prime Restaurants Royalty Income Fund, through PRC Trademarks Inc. (“TradeMarkCo”), is entitled to receive top-line royalties of 3.25% of the gross food and beverage revenue from pooled restaurants under the terms of a 99-year licence agreement between TradeMarkCo and Prime Restaurants of Canada Inc. (“PRC”). PRC operates and franchises a diversified portfolio of casual dining restaurants and premium pubs in Canada under the East Side Mario’s, Casey’s, and Fionn MacCool’s brands.
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For more information, please contact Prime Restaurants of Canada Inc. or Prime Restaurants Royalty Income Fund |
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