LOENHOUT, Belgium, Jan. 31 /CNW/ - Uni-Invest Holdings N.V. has acquired
ownership of 6,368,164 Class A Subordinate Voting Shares of Homburg
Invest Inc. ("Class A Shares"), representing 6.65% of the issued and
outstanding Class A Shares from treasury pursuant to a private placement.
Uni-Invest Holdings N.V. paid CDN$5.12 per share for total consideration of
CDN 32,604,999.68 (EUR 21,250,000).
After giving effect to the private transaction, Uni-Invest Holdings N.V.
will own 6,368,164 (6.65%) Class A Shares and nil (nil%) Class B Multiple
Voting Shares ("Class B Shares"). Each Class A Share represents one vote and
each Class B Share represents 25 votes. In aggregate, Uni-Invest Holdings N.V.
will control 6,368,164 of the votes (0.72% of the votes entitled to be cast in
connection with the Class A Shares and the Class B Shares) on Homburg
Invest Inc. matters not requiring disinterested shareholder approval.
Uni-Invest Holdings N.V. is controlled by Mr. Richard Homburg, who is
President of the Board of Uni-Invest Holdings N.V., as well as being Chairman
and Chief Executive Officer of Homburg Invest Inc. Mr. Richard Homburg
indirectly controls 100% of the Common shares of Uni-Invest Holdings N.V.
The transaction results in Uni-Invest Holdings N.V., which is under the
control of Mr. Richard Homburg, other companies controlled by Mr. Homburg and
Mr. Richard Homburg directly, collectively owning 39,049,472 (40.77%) Class A
Shares and 24,378,900 (77.36%) Class B Shares, representing in the aggregate
63,428,372 (49.83%) of the issued and outstanding shares of Homburg
Uni-Invest Holdings N.V. acquired and holds the Class A Shares for
investment purposes and has no current plans to acquire additional securities,
or control over additional securities, of Homburg Invest Inc., although
Uni-Invest Holdings N.V. and Richard Homburg may acquire or dispose of
securities of Homburg Invest Inc. from time to time in the future.
There are currently 95,783,724 Class A Shares and 31,514,782 Class B
Shares of Homburg Invest Inc. issued and outstanding.
Toronto Stock Exchange has neither approved nor disapproved of the
information contained herein.
For further information:
For further information: Mr. Richard Homburg, President, Uni-Invest
Holdings N.V., 011 31 35 609 1620