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S Split Corp. Declares Monthly Distribution

TORONTO, Aug. 04, 2020 (GLOBE NEWSWIRE) -- (TSX: SBN; SBN.PR.A) S Split Corp. has declared a monthly distribution, payable on August 31, 2020 to shareholders of record on August 14, 2020. Due to the decline in the net asset value (“NAV”) per unit below $16.50, the Company has suspended distributions on its Class A Shares in accordance with the Articles of Incorporation.  The NAV per Unit on July 23, 2020 was $12.11.

Share Class  Ticker Amount Per Share
Class A Shares SBN  $0.00000
Preferred Shares SBN.PR.A  $0.04375

To the extent that any portions of the distributions are ordinary taxable dividends and not capital gain dividends, they are eligible dividends.

For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at or visit

John Germain, Senior Vice-President & CFO Strathbridge Asset Management Inc.
121 King Street West
Suite 2600
Toronto, Ontario  M5H 3T9

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

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