MONTREAL, June 26, 2013 /CNW Telbec/ - Fiera Capital Corporation ("Fiera") (TSX: FSZ) announces that on April 11, 2013, on behalf of funds and accounts it manages, it acquired control over 676,000 common shares of Imvescor Restaurant Group Inc. (TSX: IRG) (the "Issuer") on the Toronto Stock Exchange, representing approximately 1.61% of the currently outstanding common shares of the Issuer, at a purchase price of $1.46 per common share. Immediately after this acquisition, the aggregate number of securities of the Issuer controlled by Fiera, on behalf of funds and accounts it manages, was 4,383,900 common shares representing approximately 10.44% of the currently outstanding common shares of the Issuer.
Since this acquisition, Fiera has, on behalf of funds and accounts it manages, acquired control over a further 498,006 common shares of the Issuer on the Toronto Stock Exchange at prices ranging between $1.38 and $1.47 per common share, bringing its position in the Issuer to 4,881,906 common shares of the Issuer, representing approximately 11.63% of the currently outstanding common shares of the Issuer.
The aforementioned securities were acquired for investment purposes only and not with the purpose of exercising control or direction over the Issuer. Fiera may, from time to time, on behalf of funds or accounts it manages, acquire additional securities of the Issuer, may continue to hold its present position or may dispose of its securities.
This press release is being issued in order to comply with the disclosure requirements under applicable securities legislation. This press release is not an admission that Fiera owns or controls any described securities or is a joint actor with anyone else.
SOURCE: Fiera Capital Corporation
For further information:
or to obtain a copy the report, contact:
Mrs. Violaine Des Roches
Senior Vice-President Legal Affairs and Compliance
Fiera Capital Corporation