FCMI Parent Co. Acquires Additional Street Capital Shares
Apr 27, 2017, 21:19 ET
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
AND NOT FOR DISSEMINATION IN THE UNITED STATES/
TORONTO, April 27, 2017 /CNW/ - FCMI Parent Co. ("FCMI Parent") announced today that it has acquired an additional 300 common shares of Street Capital Group Inc. ("Street Capital"). The common shares were acquired at a price of $1.19 per share through the facilities of the Toronto Stock Exchange for an aggregate purchase price of $357.
As a result of the acquisition, FCMI Parent now owns and controls 251,700 common shares, representing 0.21% of the outstanding common shares of Street Capital. FCMI Financial Corporation and Pan Atlantic Bank and Trust Limited, joint actors of FCMI Parent, own 3,703,701 and 8,456,750 common shares, respectively, representing 3.05% and 6.96% of the outstanding common shares of Street Capital. Together, FCMI Parent and its joint actors own and control 12,412,151 common shares, representing 10.21% of the outstanding common shares of Street Capital.
FCMI Parent or any of its joint actors may, in the future and subject to applicable law, acquire or dispose of common shares or other securities of Street Capital depending upon a number of factors, including but not limited to general market and economic conditions and other available investment opportunities.
SOURCE FCMI Parent Co.
For further information: or to obtain copy of the early warning report filed by FCMI Parent, please contact Dan Scheiner at (416) 350-2924. FCMI Parent Co., Brookfield Place, 181 Bay Street, Suite 250, Toronto, Ontario, M5J 2T3
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