Héroux-Devtek provides update in regards to the special distribution to
LONGUEUIL, QC, Nov. 19, 2012 /CNW Telbec/ - Héroux-Devtek Inc. (TSX: HRX)
("Héroux-Devtek" or the "Corporation"), a leading Canadian manufacturer of
aerospace products, wishes to provide an update with regards to the special
distribution payable to shareholders on December 19, 2012.
The Corporation wants to reconfirm that, due to the "due bill" trading
required by the TSX, all acquirors of common shares on the TSX until the close
of markets on December 19, 2012 will be entitled to the special distribution
of $5.00 per share.The shares will commence trading on an ex-distribution
basis from the opening of trading on December 20, 2012.
ABOUT HÉROUX-DEVTEK INC.
Héroux-Devtek Inc. (TSX: HRX) is a Canadian company specializing in the
design, development, manufacture and repair and overhaul of landing gear
systems and components for the Aerospace market. The Corporation is the third
largest landing gear company in the world, supplying both the commercial and
military sectors of the Aerospace market with new landing gear systems and
components, as well as aftermarket products and services. Approximately 70% of
the Corporation's sales are outside Canada, mainly in the United States. The
Corporation's head office is located in Longueuil, Québec with facilities in
the Greater Montreal area (Longueuil, Laval and St-Hubert); Kitchener and
Toronto, Ontario; as well as Springfield and Cleveland, Ohio.
Except for historical information provided herein, this press release may
contain information and statements of a forward-looking nature concerning the
future performance of the Company. These statements are based on suppositions
and uncertainties as well as on management's best possible evaluation of
future events. Such factors may include, without excluding other
considerations, fluctuations in quarterly results, evolution in customer
demand for the Company's products and services, the impact of price pressures
exerted by competitors, and general market trends or economic changes. As a
result, readers are advised that actual results may differ from expected
Héroux-Devtek Inc. Gilles Labbé President and Chief Executive Officer Tel.:
Contact: MaisonBrison Martin Goulet, CFA Tel.: (514) 731-0000
SOURCE: HEROUX-DEVTEK INC.
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-0- Nov/19/2012 14:00 GMT
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