Clarke Inc. announces that it has acquired 233,800 units of Cinram International Income Fund bringing its total holdings in Cinram to 7,993,100 units representing approximately 14.46% of the total outstanding units of Cinram and approximately 14.45% of the voting rights attached to all issued and outstanding securities of Cinram.
The Cinram units held by Clarke and Michael Andlauer, a director of Clarke, together total 8,182,226 units, representing approximately 14.80% of the total outstanding units of Cinram and approximately 14.80% of the voting rights attached to all issued and outstanding securities of Cinram.
The purchase of the Cinram units by Clarke was made through the facilities of the Toronto Stock Exchange for investment purposes. Clarke may, from time to time, acquire additional units of Cinram, dispose of some or all of the existing or additional units of Cinram, or continue to hold the units of Cinram in the normal course of Clarke's investment activities.
The issuance of this news release does not constitute an admission by Clarke that it is acting jointly or in concert with Mr. Andlauer with respect to units of Cinram. -- www.cnxmarketlink.com
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