A&W Food Services of Canada Inc. Files Early Warning Report

Jan 06, 2023

A&W Food Services of Canada Inc. ("Food Services") announced today that it has filed an early warning report dated January 5, 2023 (the "Early Warning Report") with respect to its ownership of securities exchangeable for units ("Units") of A&W Revenue Royalties Income Fund (the "Fund").

Prior to December 8, 2022, Food Services had ownership and control of securities indirectly exchangeable for 5,116,838 Units, representing approximately 26.0% of the outstanding voting securities of the Fund.

On December 8, 2022, Food Services acquired ownership and control of 190,903 limited partnership units ("LP Units") of A&W Trade Marks Limited Partnership, which are indirectly exchangeable for 190,903 Units. This acquisition did not result in Food Services acquiring beneficial ownership of, or control or direction over, either (i) an additional 2% or more of the outstanding securities of the class of securities that was the subject of the most recent early warning report required to be filed by Food Services, or (ii) securities convertible into an additional 2% or more of the outstanding securities referred to in (i). On January 5, 2023, Food Services acquired ownership and control of a further 380,368 LP Units which are indirectly exchangeable for 380,368 Units. As a result of these transactions, Food Services' percentage interest in the outstanding voting securities of the Fund increased by approximately 2.1% on a diluted basis.

Click here to see more...

Video: When is Sustainable Packaging Coming in the Canadian Agri Food Industry? 3 Critical Perspectives

Canada’s regulatory landscape on single-use plastics is complex but a recent ruling by the Federal Court of Appeal sided with the government’s intent to eliminate single-use plastics. What does this mean for the Canadian agri-food industry? How can companies find the right balance between regulatory compliance and implementing costly alternative solutions? What are retailers and consumers saying about sustainable packaging? This webinar features Joshua Goodman, Head of Corporate Sustainability, Sobeys; Marie-Anne Champoux-Guimond, Director of Sustainability, Keurig Dr Pepper Canada and Glenford Jameson, Canadian Food Lawyer, G.S. Jameson and Company

This 60-minute webinar brings together three industry leaders to examine the opportunities, challenges, and realities of the path forward. In this session, you will gain insights into:

•Canada’s regulatory roadmap and timeline on eliminating single-use plastics

•Current end-of-life solutions for plastics and alternative packaging solutions

•The need to have a corporate strategy that aligns with reality at the retail shelves

•How major brands and retailers are pivoting

•Supply chain considerations

•Common misconceptions