WINNIPEG, Sept. 14, 2011 /CNW/ - This press release is issued pursuant
to Multilateral Instrumental 62-104 - Take-Over Bids and Issuer bids,
OSC Policy 62-504 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting
Effective September 14th, 2011, John Buhler of 107 Highland Park Drive, East St. Paul, Manitoba,
R2E 0H4 acquired 702,300 Class A Subordinate Voting Shares ("Class A
Shares") of Brampton Brick Inc. ("Brampton"), representing
approximately 8.3% of the total Class A Shares outstanding of
Brampton. 425,000 Class A Shares were purchased on behalf of the John
and Bonnie Buhler Foundation Inc. (the "Foundation") and 277,300 Class
A Shares were purchased on behalf of Highland Park Financial Inc.
The Class A Shares were purchased through the facilities of the Toronto
As a result, the total Class A Shares controlled by John Buhler, either
directly or indirectly totals 1,928,100 Class A Shares of Brampton
representing approximately 22.7% of the total Class A Shares
outstanding of Brampton.
The Articles of Brampton provide that for the purposes of the take-over
bid provisions of the Securities Act (Ontario) and regulations
thereunder, the Class A Shares and the Class B Multiple Voting Shares
shall be treated, and shall be deemed to constitute one class of voting
securities. As a result, the 1,928,100 Class A Shares controlled by
John Buhler represent 17.6% of the combined class of securities.
A report respecting these acquisitions will be filed on SEDAR and in
each jurisdiction in which Brampton is a reporting issuer.
SOURCE John Buhler