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Cymbria's investment in EdgePoint

CNW Group
·1 min read

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

TORONTO, Dec. 14, 2023 /CNW/ - Cymbria Corporation (TSX: CYB) ("Cymbria") announced today that with the assistance of an independent valuator and the Valuation Committee, the value of Cymbria's investment in EdgePoint Wealth Management Inc. ("EdgePoint") has been increased from $242,408,583 to $254,981,520. It is expected this will result in an increase to Cymbria's A share aNAV of approximately 0.8% or $0.54 per share.

Cymbria logo (CNW Group/Cymbria Corporation)
Cymbria logo (CNW Group/Cymbria Corporation)

After the revaluation, EdgePoint will represent approximately 15.9% of Cymbria's Portfolio.

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ABOUT CYMBRIA CORPORATION

Cymbria's investment objective is to provide shareholders with long-term capital appreciation through an actively managed portfolio comprised primarily of global equities and an investment in EdgePoint Wealth Management Inc. Cymbria began trading on the TSX on November 4, 2008 under the symbol CYB.

SOURCE Cymbria Corporation

Cision
Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2023/14/c8926.html