The 1,500,000 common shares represent approximately 8.1% of
Cash Store
Financial's shares.
The Cash Store Financial Services Inc.
(TSX: CSF) announced today the final results
of its
"modified Dutch-auction" bid to purchase
up to $9 million of its common shares.
Based on final reports from Computershare Investor Services
Inc., Cash Store Financial confirmed that it has taken up and
accepted for
purchase and cancellation, at a price of $6.00 per share, a
total of 1,500,000
common shares out of approximately 5,952,253 common shares
tendered to the Offer for a total
cost of
$9,000,000.
The 1,500,000 common shares represent approximately 8.1% of
Cash Store
Financial's shares outstanding as of December 23, 2008. After
the purchase of the common shares, Cash Store Financial will
have
approximately 16,927,482 common shares outstanding.
Cash Store Financial is the only payday loan broker in
Canada publicly
traded on the TSX. Cash Store Financial operates more than 380
branches across
Canada under two banners: The Cash Store and Instaloans.
The company employs more than 1,500 associates and is
headquartered in Edmonton, Alberta.
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The 1,500,000 common shares represent approximately 8.1% of
Cash Store
Financial's shares.