The Toronto Stock Exchange: BPF.UN
VANCOUVER, Feb. 6, 2019 /CNW/ - Boston Pizza Royalties Income Fund (the "Fund") (TSX: BPF.UN) and Boston Pizza International Inc. ("BPI") today announced that they will issue 2018 fourth quarter and annual results via news release and on the Fund's website at www.bpincomefund.com on the morning of February 14, 2019.
The Fund will host a conference call with BPI's President, Jordan Holm and Boston Pizza GP Inc.'s Vice President Finance, Robert Kirincic to discuss the results for the fourth quarter and year, which ended on December 31, 2018. The call will take place on Thursday, February 14, 2019 at 8:30 a.m. Pacific Time (11:30 a.m. Eastern Time).
To participate in this conference call, please dial the following toll free number approximately ten minutes prior to the commencement of the call:
1-800-319-4610 or 604-638-5340
A replay will be available until March 14, 2019 on the Fund's website or by dialing:
1-800-319-6413 or 604-638-9010
and enter the access code: 2918 followed by # sign.
The Fund is a limited purpose open ended trust with an excellent track record for investors since its IPO in 2002. Including the December 2018 distribution which was paid on January 31, 2019, the Fund has delivered 18 distribution increases and 198 consecutive monthly distributions to unitholders totalling $306.8 million or $20.64 per unit since 2002. The Fund earns revenue based on the franchise system sales of the 396 Boston Pizza restaurants included in the Fund's royalty pool.
Boston Pizza is Canada's number one casual dining brand with annual gross sales in excess of $1.1 billion serving more than 50 million guests through over 395 mainly franchisee operated restaurants. The Boston Pizza brand has successfully existed for over 50 years since opening its first restaurant in Edmonton, Alberta in 1964. BPI has been recognized as a Platinum Member of Canada's 50 Best Managed Companies and has been a Franchisees' Choice Designation winner for seven consecutive years.
The trustees of the Fund have approved the contents of this news release.
® Boston Pizza Royalties Limited Partnership. All Boston Pizza registered Canadian trade-marks and unregistered Canadian trade-marks containing the words "Boston", "BP", and/or "Pizza" are trade-marks owned by the Boston Pizza Royalties Limited Partnership and licensed by the Boston Pizza Royalties Limited Partnership to Boston Pizza International Inc.
SOURCE Boston Pizza Royalties Income Fund
For further information: Jordan Holm, President, Tel: 604-270-1108, E-mail: [email protected], www.bpincomefund.com