MONTREAL, March 26, 2013 /CNW Telbec/ - HNZ Group Inc. ("HNZ") (TSX: HNZ.A, HNZ.B) announced today that its Board of Directors has declared monthly dividends of $0.091875 per Common Share and Variable Voting Shares, payable on each of May 15, 2013, June 14, 2013 and July 15, 2013 to holders of record at the close of business April 30, 2013, May 31, 2013 and June 28, 2013, respectively.
The foregoing dividends are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any similar provincial legislation.
HNZ's Board of Directors review the applicable dividend rates on a quarterly basis. Shareholders are entitled to receive dividends only when any such dividends are declared by HNZ's Board of Directors, and there is no entitlement to any dividend prior thereto.
ABOUT HNZ GROUP INC.
The Company is an international provider of helicopter transportation and related support services with fixed primary operations in Canada, New Zealand, Australia and regions of Southeast Asia. The group also delivers contracted on demand support in Afghanistan and Antarctica. With bases around the world, the Company provides helicopter transportation services to a broad range of sectors, including infrastructure maintenance, utilities, oil and gas, mining, forestry, construction, government survey and infrastructure, tourism, marine pilot transfer, emergency medical services ["EMS"] and provides military support in Afghanistan. Charter operations are provided under two brands: HNZ Global in the Asia Pacific and Antarctica regions (Southern Hemisphere) and Canadian Helicopters Limited ["CHL"] in Canada and Afghanistan. In addition to charter services, the Company provides third party repair and maintenance services in Canada and in the United States and operates two flight schools in Canada. With headquarters near Montreal, Canada, the Company operates approximately 140 helicopters and employs approximately 800 personnel.
SOURCE: HNZ Group Inc.
HNZ Group Inc.
Don Wall
President and Chief Executive Officer
Tel.: 780-429-6919
Tel.: 450-452-3007
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