Business
Superior Plus Income Fund - September 2008 Cash Distribution and Upcoming Events
TSX: SPF.UN CALGARY, Sept. 3 /CNW/ - September 2008 Cash Distribution - $0.135 per Trust Unit
About this update from Superior Plus Corp
[{"type":"text","content":"\n\n\n\nTSX: SPF.UN\n\nCALGARY, Sept. 3 /CNW/ -\n\nSeptember 2008 Cash Distribution - $0.135 per Trust Unit\n--------------------------------------------------------\n\n\nSuperior Plus Income Fund (the "Fund") today announced its cash\ndistribution for the month of September 2008 of $0.135 per trust unit payable\non October 15, 2008. The record date is September 30, 2008 and the\nex-distribution date will be September 26, 2008. The Fund's annualized cash\ndistribution rate is $1.62 per trust unit.\n\n\nFor tax purposes, the distributions are expected to substantially be\ntaxable as "other income" to Unitholders. A summary of cash distributions\nsince inception and tax information is posted under the Investor Information\nsection of the Fund's website at: www.superiorplus.com.\n\n\nCorporate Presentation\n----------------------\nThe Fund is also pleased to announce that its most current corporate\npresentation is available and a copy can be obtained by visiting our website\nat: www.superiorplus.com under the Events and Presentations section.\n\nAbout Superior Plus and the Fund\n--------------------------------\n\n\nSuperior Plus Income Fund is a diversified business trust. The Fund holds\n100% of Superior Plus LP, a limited partnership formed between Superior Plus\nInc., as general partner and the Fund as limited partner. Superior Plus is\nfocused on stability of distributions with value growth and has four Canadian\nbased operating businesses: Superior Propane is Canada's largest distributor\nof propane and related products and services; ERCO Worldwide is a leading\nsupplier of chemicals and technology to the pulp and paper industries and a\nregional Midwest supplier of chloralkali and potassium products; Winroc is a\nleading distributor of walls and ceilings construction products in North\nAmerica; and Superior Energy Management provides fixed-price natural gas\nsupply services in Ontario, Quebec, and British Columbia along with\nfixed-price electricity supply services in Ontario.\n\n\nThe Fund's trust units and convertible debentures trade on the Toronto\nStock Exchange as follows:\n\nTrading Symbol Security Issued and Outstanding\n-------------------------------------------------------------------------\nSPF.un Trust Units 88.4 million\nSPF.db.b 5.75% Debentures, Series 1 $174.9 million principal\n amount\...