Tricon Capital Group Inc. (TCN.TO: Quote) said Wednesday that on June 27, David Berman, the company's Chairman and Chief Executive Officer, indirectly acquired control or direction over an aggregate of 15,800 common shares of Tricon.
The common shares represent about 0.0005% of the about 31.17 million common shares currently issued and outstanding. After giving effect to the purchases, David Berman now exercises control or direction over an aggregate of about 3.83 million common shares of Tricon, representing about 12.29% of the common shares currently issued and outstanding.
Of the 15,800 common shares acquired, 500 common shares were purchased at a price of $4.09 per common share, 10,700 common shares were purchased at a price of $4.10 per common share, and 4,600 common shares were purchased at a price of $4.15 per common share.
Berman indirectly acquired the common shares for investment purposes, the company said.
Click here to receive FREE breaking news email alerts for Tricon Capital Group Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: email@example.com