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VANCOUVER, British Columbia, Feb. 14, 2022 (GLOBE NEWSWIRE) — The Keg Royalties Earnings Fund (the “Fund”) (TSX: KEG.UN) immediately introduced that its February 2022 distribution of $0.0946 per unit has been declared and is payable to unitholders of file as at February 21, 2022. The February 2022 distribution will probably be paid on February 28, 2022.
The Fund is a restricted objective, open-ended belief established below the legal guidelines of the Province of Ontario that, by means of The Keg Rights Restricted Partnership, a subsidiary of the Fund, owns sure emblems and different associated mental property utilized by Keg Eating places Ltd. (“KRL”). In trade to be used of these emblems, KRL pays the Fund a royalty of 4% of product sales of Keg eating places included within the royalty pool.
Vancouver-based KRL is the main operator and franchisor of steakhouse eating places in Canada and has a considerable presence in choose regional markets in the USA. KRL continues to function The Keg restaurant system and develop that system by means of the addition of each company and franchised Keg steakhouses. KRL has been named one of many “50 Finest Employers in Canada” by Aon Hewitt for the previous seventeen years.
For additional data contact: Neil Maclean Phone: 604-276-0242 E-mail: neilm@kegrestaurants.com www.kegincomefund.com
