Superior Plus Announces March 2018 Cash Dividend and Upcoming Events
TORONTO–(BUSINESS WIRE)–Superior Plus Corp.:
March 2018 Cash Dividend – $0.06 per share
Superior Plus Corp. (“Superior”) today announced its cash dividend for
the month of March 2018 of $0.06 per share payable on April 13, 2018.
The record date is March 31, 2018 and the ex-dividend date will be March
28, 2018. Superior’s annualized cash dividend rate is currently $0.72
per share. This dividend is an eligible dividend for Canadian income tax
purposes.
Superior Plus 2018 Annual and Special Meeting of
Shareholders
Superior’s Annual and Special Meeting of shareholders will be held at
the TMX Broadcast Centre, The Exchange Tower, 130 King Street West,
Toronto, Ontario, Canada on Tuesday, May 8, 2018 at 4:00 PM EDT. A live
audio webcast of the meeting, including a corporate presentation will be
accessible from Superior's website at www.superiorplus.com
under the webcasts section. Superior’s Management Information Circular
and 2017 Annual Report are available for download on Superior’s website
at www.superiorplus.com
or Superior’s profile on SEDAR at www.sedar.com.
Superior Plus 2018 Investor Day
Superior is pleased to announce we will be hosting an Investor Day on
Friday, June 1, 2018 at One King West in Toronto. A detailed update on
Superior’s current operations, integration of Canwest Propane, Evolution
2020 goals and financial position will be presented. The formal
presentation will commence at 9:00 AM EDT, and a light breakfast and
lunch will be served. Members of the professional investment community
are invited to attend. To confirm your participation, please RSVP by
emailing your contact information to rsvpinvestorday@superior
plus.com. Details of Superior’s website at www.superiorplus.com.
About the Corporation
Superior consists of two primary operating businesses: Energy
Distribution includes the distribution of propane and distillates, and
supply portfolio management; and Specialty Chemicals includes the
manufacture and sale of specialty chemicals.
For further information about Superior, please visit our website at: www.superiorplus.com
or contact: Beth Summers, Executive Vice President and Chief Financial
Officer, Tel: (416) 340-6015, or Rob Dorran, Vice President, Investor
Relations and Treasurer, Tel: (416) 340-6003, E-mail: [email protected],
Toll Free: 1-866-490-PLUS (7587).
Forward Looking Information
This news release contains
certain forward-looking information and statements that are based on
Superior’s current expectations, estimates, projections and assumptions
in light of its experience and its perception of historical trends. In
this news release, such forward-looking information and statements can
be identified by terminology such as "to be", "expects", "annualized",
and similar expressions.
In particular, this news release contains forward-looking statements
and information relating to: future dividends which may be declared on
Superior’s common shares, the dividend payment, the tax treatment
thereof, and the receipt of cash dividends. These forward-looking
statements are being made by Superior based on certain assumptions that
Superior has made in respect thereof as at the date of this news
release, regarding, among other things: the success of Superior’s
operations; prevailing commodity prices, margins, volumes and exchange
rates; that Superior’s future results of operations will be consistent
with past performance and management expectations in relation thereto;
the continued availability of capital at attractive prices to fund
future capital requirements; future operating costs; that any required
commercial agreements can be reached; that all required regulatory and
environmental approvals can be obtained on the necessary terms in a
timely manner. These forward-looking statements are not guarantees of
future performance and are subject to a number of known and unknown
risks and uncertainties, including, but not limited to: the regulatory
environment and decisions; non-performance of agreements in accordance
with their terms; the impact of competitive entities and pricing;
reliance on key industry partners and agreements; actions by
governmental or regulatory authorities including changes in tax laws and
treatment, or increased environmental regulation; adverse general
economic and market conditions in Canada, North America and elsewhere;
fluctuations in operating results; labour and material shortages; and
certain other risks detailed from time to time in Superior’s public
disclosure documents including, among other things, those detailed under
the heading "Risk Factors" in Superior’s management's discussion and
analysis and annual information form for the year ended December 31,
2017, which can be found at www.sedar.com.
Accordingly, readers are cautioned that events or circumstances could
cause results to differ materially from those predicted, forecasted or
projected. Such forward-looking statements are expressly qualified by
the above statements. Superior does not undertake any obligation to
publicly update or revise any forward looking statements or information
contained herein, except as required by applicable laws.
Contacts
Superior Plus Corp.
Beth Summers, (416) 340-6015
Executive
Vice President and Chief Financial Officer
or
Rob Dorran,
(416) 340-6003
Vice President, Investor Relations and Treasurer
[email protected]
Toll
Free: 1-866-490-PLUS (7587)
