TORONTO, Aug. 12 /CNW/ - KAB Distribution Inc. (formerly Kaboose Inc.)
(TSX: KAB) today announced that is has filed its financial results for its
second quarter of fiscal 2009 ended June 30, 2009 on SEDAR and on the
Company's website (www.kabdis.com).
KAB Distribution Inc. is the successor to Kaboose Inc. following the
previously announced sale by Kaboose Inc. on June 1, 2009 of (i) substantially
all of its North American assets to Disney Online; and (ii) its UK subsidiary,
Kaboose Acquisition (UK) Company, to an affiliate of Barclays Private Equity
KAB Distribution Inc. expects to distribute $0.65 in aggregate per common
share to shareholders in September 2009. Further details regarding the
distribution will be announced in due course.
To the extent that there are unidentified claims or additional regulatory
requirements, shareholders may receive an aggregate distribution amounting to
less than $0.65 per common share and the timing of such distribution may be
delayed. Accordingly, Kaboose can give no assurances as to the total amount of
the distribution to shareholders or as to the timing of the distribution.
KAB Distribution Inc. trades on the Toronto Stock Exchange under the
This document may contain forward-looking statements, relating to KAB
Distribution Inc.'s future distributions to shareholders and the amounts of
such distributions, its operations or to the environment in which it operates,
which are based on KAB Distribution Inc.'s operations, estimates, forecasts
and projections. These statements are not guarantees of future performance and
involve risks and uncertainties that are difficult to predict, and/or are
beyond KAB Distribution Inc.'s control. A number of important factors could
cause actual outcomes and results to differ materially from those expressed in
these forward-looking statements. Consequently, readers should not place any
undue reliance on such forward-looking statements. KAB Distribution Inc.
disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
For further information:
For further information: Jonathan Pollack, Chief Financial Officer, TEL:
(416) 593-3000, FAX: (416) 593-4658