The Keg Royalties Income Fund Announces Special Cash Distribution


VANCOUVER — The Keg Royalties Income Fund has announced that a special cash distribution of $0.03 per unit has been declared and is payable to unitholders of record as of Dec. 31, 2016. Unitholders will receive the special cash distribution on Jan. 31, 2017.

“The strong same-store sales growth, delivered by The Keg so far this year, has generated significant incremental royalty income to the fund,” says Kip Woodward, chairman of the fund. “We are pleased to share this incremental income with the fund’s unitholders, in the form of this special cash distribution.”

The Keg Royalties Income Fund is a limited purpose and open-ended trust, which owns specific trademarks and related intellectual property of Keg Restaurants Ltd. (KRL) through the Keg Rights Limited Partnership — a subsidiary of the fund. In exchange, KRL pays the fund a royalty fee of four per cent of gross sales of Keg restaurants in the royalty pool.

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