/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES./
WINNIPEG, June 17, 2014 /CNW/ - Boyd Group Income Fund (TSX: BYD.UN)
today announced a cash distribution for the month of June 2014 of $0.04
per trust unit. The distribution will be payable on July 29, 2014 to
unitholders of record at the close of business on June 30, 2014.
Boyd Group Income Fund's policy is to pay monthly distributions to
unitholders of record on or around the last business day of the month.
Holders of units who are non-residents of Canada will be subject to
withholding taxes in respect of any distributions made by Boyd Group
ON BEHALF OF THE BOARD OF TRUSTEES
of Boyd Group Income Fund
Mr. Brock Bulbuck, President & CEO
About The Boyd Group Income Fund
The Boyd Group Income Fund (http://www.boydgroup.com) is an unincorporated, open-ended mutual fund trust created for the
purposes of acquiring and holding certain investments, including a
majority interest in The Boyd Group Inc. and its subsidiaries. The
Units trade on the Toronto Stock Exchange (TSX) under the symbol
About The Boyd Group Inc.
The Boyd Group Inc. is the largest operator of non-franchised collision
repair centers in North America in terms of number of locations and one
of the largest in terms of sales. The Company operates locations in
five Canadian provinces under the trade name Boyd Autobody & Glass (http://www.boydautobody.com), as well as in 15 U.S. states under the trade names Gerber Collision &
Glass (http://www.gerbercollision.com), Hansen Collision, Collision Revision and Collex Collision Experts.
The Company is also a major retail auto glass operator in the U.S. with
locations across 28 U.S. states under the trade names Gerber Collision
& Glass, Glass America, Auto Glass Services, Auto Glass Only, Auto
Glass Authority, S&L Glass and Hansen Auto Glass. The Company also
operates two third party administrators that offer first notice of
loss, glass and related services. Gerber National Glass Services is an
auto glass repair and replacement referral business with approximately
3,000 affiliated service providers throughout the U.S. under the
"Gerber National Glass Services" name and "Netcost Claims Services"
which, in addition to its referral business, also owns and operates its
own call center and offers roadside assistance services. For more
information on The Boyd Group Inc. or Boyd Group Income Fund, please
visit our website at (http://www.boydgroup.com).
Caution concerning forward-looking statements
Statements made in this press release, other than those concerning
historical financial information, may be forward-looking and therefore
subject to various risks and uncertainties. Some forward-looking
statements may be identified by words like "may", "will", "anticipate",
"estimate", "expect", "intend", or "continue" or the negative thereof
or similar variations. Readers are cautioned not to place undue
reliance on such statements, as actual results may differ materially
from those expressed or implied in such statements. Factors that could
cause results to vary include, but are not limited to: dependence upon
The Boyd Group Inc. and its Subsidiaries; cash distributions not
guaranteed; inability to successfully integrate acquisitions; economic
downturn; operational performance; rapid growth; loss of key customers;
brand management and reputation; insurance risk; quality of corporate
governance; tax position risk; risk of litigation; acquisition risk;
credit & refinancing risks; dependence on key personnel; employee
relations; decline in number of insurance claims; market environment
change; reliance on technology; weather conditions; expansion into new
markets; fluctuations in operating results and seasonality; increased
government regulation and tax risk; Canadian tax related risk;
execution on new strategies; operating hazards; energy costs; U.S.
health care costs and workers compensation claims; low capture rates;
key supplier relationships; capital expenditures; competition;
potential undisclosed liabilities associated with acquisitions; foreign
currency risk; margin pressure; acquisition and start-up growth and
ongoing access to capital; environmental, health and safety risk;
interest rates; unitholder liability limitation and the Fund's success
in anticipating and managing the foregoing risks.
We caution that the foregoing list of factors is not exhaustive and that
when reviewing our forward-looking statements, investors and others
should refer to the "Risk Factors" section of the Fund's Annual
Information Form, the "Risks and Uncertainties" and other sections of
our Management's Discussion and Analysis of Operating Results and
Financial Position and our other periodic filings with Canadian
securities regulatory authorities. All forward-looking statements
presented herein should be considered in conjunction with such filings.
SOURCE Boyd Group Income Fund