Posted On: 09/03/2014 2:23:51 AM
Post# of 273349
Holloway Lodging (HLLOF) 4.3030 $HLLOF
Clarke Inc. announces increased investment in Holloway Lodging Corporation
CNW Group - Thu Aug 14, 7:48AM CDT
Clarke Inc. ("Clarke"
(TSX: CKI) acquired 6,233,599 common shares of Holloway Lodging Corporation ("Holloway" at a price of $4.50 per common share, representing 31.8% of the outstanding common shares of Holloway. Immediately after the transaction, Clarke owns the following securities of Holloway: 6,874,815 common shares, $3,986,000 principal amount of the 6.25% Series B Debentures, convertible into 113,601 common shares, $6,232,000 principal amount of the 7.50% Series C Debentures, convertible into 177,612 common shares, and $7,618,000 principal amount of the 6.25% Series D Debentures, convertible into 217,113 common shares. On an as converted basis, such securities represent 36.8% of the outstanding common shares.
Clarke Inc. announces increased investment in Holloway Lodging Corporation
CNW Group - Thu Aug 14, 7:48AM CDT
Clarke Inc. ("Clarke"
(TSX: CKI) acquired 6,233,599 common shares of Holloway Lodging Corporation ("Holloway" at a price of $4.50 per common share, representing 31.8% of the outstanding common shares of Holloway. Immediately after the transaction, Clarke owns the following securities of Holloway: 6,874,815 common shares, $3,986,000 principal amount of the 6.25% Series B Debentures, convertible into 113,601 common shares, $6,232,000 principal amount of the 7.50% Series C Debentures, convertible into 177,612 common shares, and $7,618,000 principal amount of the 6.25% Series D Debentures, convertible into 217,113 common shares. On an as converted basis, such securities represent 36.8% of the outstanding common shares.
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