MONTREAL, May 13, 2014 /CNW Telbec/ - HNZ Group Inc. ("HNZ") (TSX:
HNZ.A, HNZ.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 August 15, 2014, September 15, 2014 and
October 15, 2014 to holders of record at the close of business July 31,
2014, August 29, 2014 and September 30, 2014, respectively.
The foregoing dividends are designated as "eligible" dividends for the
purposes of the Income Tax Act (Canada) and any similar provincial legislation.
HNZ's 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 HNZ's Board of Directors, and
there is no entitlement to any dividend prior thereto.
ABOUT HNZ GROUP INC.
The Corporation is an international provider of helicopter
transportation and related support services with operations in Canada,
Australia, New Zealand, Afghanistan, Antarctica and Southeast Asia. The
Corporation operates in excess of 130 helicopters in support of a range
of multinational companies and government agencies including onshore
and offshore oil and gas, mineral exploration, military support, hydro
and utilities, forest management, construction, air ambulance and
search and rescue. In addition to charter services, the Corporation
provides flight training and third-party repair and maintenance
services. The Corporation is headquartered near Montreal, Canada and
employs approximately 800 personnel from 35 locations around the world.
The Corporation operates from fixed-base locations as well as from
temporary locations, commonly referred to as "pool locations", and
provides helicopters in a wide variety of climatic conditions and
terrain across Canada, Australia, New Zealand, Afghanistan, Antarctica
and Southeast Asia.
SOURCE: HNZ Group Inc.
For further information:
HNZ Group Inc.
President and Chief Executive Officer