/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES./
TORONTO, July 18, 2013 /CNW/ - Cymbria Corporation ("Cymbria" or the
"Company") [TSX: CYB] announced today that it intends to redeem up to
$5,281,500 of class A shares ("Class A Shares"), at a price equal to
97% of the net asset value per Class A Share for the five trading days
before August 30, 2013 (the "Redemption Date"), and up to $3,459,000 of
class J shares ("Class J Shares", together with the Class A Shares,
"Shares"), at a price equal to 97% of the net asset value per Class J
Share for the five trading days before the Redemption Date.
The deadline by which holders of Shares wishing to participate must
provide a duly completed Letter of Transmittal (a "Redemption Notice")
indicating their intention to surrender for redemption one or more
Shares is 5:00 p.m. Toronto time on August 28, 2013 (the "Redemption
Notice Deadline"). Beneficial holders of Shares wishing to participate
must contact their broker for specific instructions.
On the day following the Redemption Notice Deadline, Cymbria will
publicly announce the total number of Shares surrendered for
redemption, the number of Shares it intends to redeem (the "Redeemed
Shares") and the price per Redeemed Share (the "Redemption Price").
Cymbria will redeem the Redeemed Shares on August 30, 2013 and will pay
the Redemption Price for each Redeemed Share no later than September
For more detailed information, please refer to the Notice of Redemption
on Cymbria's website at www.edgepointwealth.com or on SEDAR at www.sedar.com.
ABOUT CYMBRIA CORPORATION
Cymbria's investment objective is to provide shareholders with long-term
capital appreciation through an actively managed portfolio comprised
primarily of global equities and an investment in EdgePoint Wealth
Management Inc. Cymbria began trading on the TSX on November 4, 2008
under the symbol CYB.
This news release may contain forward-looking statements, specifically
relating to the planned redemption of Class A Shares and Class J
Shares, that are based on current expectations and are subject to known
and unknown uncertainties and risks, which could cause actual results
to differ materially from those contemplated or implied by such
forward-looking statements. Cymbria is under no obligation to update
any forward-looking statements contained herein should material facts
change due to new information, future events or otherwise.
SOURCE: Cymbria Corporation
For further information:
Patrick Farmer at 416.963.9353 or email@example.com.