MONTREAL, Nov. 14, 2011 /CNW Telbec/ - Canadian Helicopters Group Inc.
("Canadian Helicopters") (TSX: CHL.A, CHL.B) announced today that its
Board of Directors has declared monthly dividends of $0.091875 per
Common Share and Variable Voting Shares, payable on each of February
15, 2012, March 15, 2012 and April 13, 2012 to holders of record at the
close of business January 31, 2012, February 29, 2012 and March 30,
The foregoing dividends are designated as "eligible" dividends for the
purposes of the Income Tax Act (Canada) and any similar provincial legislation.
Canadian Helicopters' Board of Directors reviews the applicable dividend
rates on a quarterly basis. Shareholders are entitled to receive
dividends only when any such dividends are declared by Canadian
Helicopters' Board of Directors, and there is no entitlement to any
dividend prior thereto.
ABOUT CANADIAN HELICOPTERS GROUP INC
Canadian Helicopters Group is an international provider of helicopter
transportation and related support services with fixed primary
operations in Canada, Australia, New Zealand and regions of Southeast
Asia. The group also delivers contracted on demand support in
Afghanistan and Antarctica. Charter operations are provided under two
brands: Helicopters New Zealand (HNZ) in the Asia Pacific and
Antarctica regions and Canadian Helicopters Limited (CHL) in Canada and
Afghanistan. In addition to charter services, the Company provides
flight training and third party repair and maintenance services. With
headquarters near Montreal, Canada, the Company operates 160
helicopters and employs approximately 800 personnel.
SOURCE CANADIAN HELICOPTERS GROUP INC.
For further information:
Canadian Helicopters Group Inc.
President and Chief Executive Officer