Global Strategy Master LP, Multi-Manager Limited Partnership I
TORONTO, Nov. 5, 2012 /CNW/ - Global Strategy Master GP Inc. and Multi-Manager Distribution No. 1 Limited, the general partners of, respectively, Global Strategy Master LP and Multi-Manager Limited Partnership I (each, a "Limited Partnership") today confirmed that each Limited Partnership has been de-listed from the TSX and subsequently dissolved.
Before the dissolutions, the rights to receive distribution fees remaining payable to the Limited Partnerships were sold to AGF Investments Inc. The proceeds from each sale were distributed to the limited partners of each Limited Partnership effective today.
The total cash distributed to the limited partners of each Limited Partnership was as follows:
| Partnership | Purchase Price for Residual Rights as at October 31, 2012 |
Estimated Dissolution Expenses, Payables and Applicable Taxes |
Net Amount Available for Final Payment by the LP as at October 31, 2012(1) |
Number of LP Units Issued and Outstanding |
Final Payment per LP Unit(1) |
| Global Strategy Master LP | $1,884,900 | $569,319 | $1,315,581 | 10,972,272 | $0.12 |
| Multi-Manager Limited Partnership I | $756,400 | $248,472 | $507,928 | 2,200,000 | $0.23 |
(1) Not including the distribution to be paid in respect of the applicable interim period ending October 31, 2012.
Approvals to make the final distributions and dissolve the Limited Partnerships were received at special meetings of the limited partners of Global Strategy Master LP held on October 3, 2012, and of Multi-Manager Limited Partnership on October 17, 2012.
SOURCE: AGF
Contact:
Michael Clabby Vice-President, Investor Relations and Corporate Development
416-815-6275
[email protected]
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