Stock Name: WEQ.DB.B
Amount: CAD 0.05
Announcement Date: 18/06/2012
Record Date: 27/06/2012
Dividend Detail:
VANCOUVER, June 18, 2012 /CNW/ - WesternOne Equity Income Fund
("WesternOne Equity") (TSX: WEQ.UN) (TSX: WEQ.DB.B) (TSX: WEQ.DB.C)
today announced that its Board of Trustees has approved a cash
distribution of $0.05 per trust unit for the month of June 2012
(equivalent to $0.60 per trust unit on an annualized basis). This
distribution will be paid on July 16, 2012 to unitholders of record at
the close of business on June 29, 2012.
In addition, WesternOne Equity announced that during May 2012, 185,047
trust units were issued at $5.25 per trust unit in connection with the
conversion of $941,000 principal amount in Convertible Unsecured
Subordinated Debentures (plus accrued interest). As at May 31, 2012,
WesternOne Equity had 19,806,894 trust units, $13,851,000 principal
amount of the Convertible Unsecured Subordinated Debentures and
$86,250,000 principal amount of the Extendible Convertible Series 2
Unsecured Subordinated Debentures outstanding.
The policy of WesternOne Equity is to pay cash distributions on or about
the 15th day of each month to unitholders of record on the last
business day of the preceding month.
About WesternOne Equity
WesternOne Equity seeks to acquire and grow businesses in the
construction and infrastructure services sector in order to generate
stable and growing distributions to its unitholders as well as to
achieve overall capital appreciation.
Additional information about WesternOne Equity is available at www.weq.ca or www.sedar.com
THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.
For further information:
Andrew Greig, Manager of Investor Relations
WesternOne Equity Income Fund
Suite 910, 925 West Georgia Street
Vancouver, BC�� V6C 3L2
Phone: (604) 678-4042
E-mail:��agreig@weq.ca
www.weq.ca
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