Kingsferry announced acquisition of common shares of Canadian company Home Capital

BVI-registered investment company Kingsferry Capital Management Group Limited made an announcement that it has acquired, on behalf of Kingsferry Classic Value Fund I Ltd., 1,000 common shares of Home Capital Group Inc. As a result of the acquisition, Kingsferry gets control over 6,103,600 common shares, representing approximately 10.001% of the issued and outstanding Common Shares.

The Common shares were purchased at an average price of C$18.56 per share, for a total purchase price of C$18,560. Immediately prior to the acquisition of the common shares, the BVI company had control and direction over a total number of 6,102,600 common shares, representing approximately 9.999% of the issued and outstanding common shares.

Kingsferry has engaged, and intends to continue to engage, in discussions with management and the board of Home Capital concerning its business, management, operations, assets, capitalization, financial condition, governance, strategy and future plans.