KMPPF News Alert Killam Pptys Inc (KMPPF) 8.8900 02/15/2015

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Killam Pptys Inc (KMPPF) 8.8900 $KMPPF

KingSett Real Estate Growth LP No. 5 Acquires Common Shares of Killam Properties Inc.
Marketwire - Tue Sep 09, 5:44PM CDT
KingSett Real Estate Growth LP No. 5 ("KSLP5" announced today that in connection with the announcement by Killam Properties Inc. ("Killam" that Killam has entered into a joint venture with affiliates of KingSett Capital Inc. and AIMCo Realty Investors LP ("ARI LP" , a limited partnership managed by Alberta Investment Management Corporation on behalf of certain of its clients, in respect of the proposed acquisition of Kanata Lakes Apartments II, KSLP5 has entered into a subscription agreement dated September 9, 2014 with Killam pursuant to which KSLP5 has agreed to acquire 691,488 common shares ("Common Shares" of Killam on a private placement basis, representing approximately 1.3% of the outstanding Common Shares, at a price of $10.12 per Common Share, for an aggregate purchase price of $7,000,000.




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