Download Imvescor Adopts Dividend Policy

Imvescor Adopts Dividend Policy
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Dividend policy provides for quarterly dividend of $0.02 per share.
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First dividend expected to be declared in the following weeks and first regular quarterly dividend
expected to be declared concurrently with the release of the Company's results for the fourth
quarter of its 2014 financial year.
Moncton, N.B., October 24, 2014 – Imvescor Restaurant Group Inc. (the "Company") (TSX: IRG)
announced today that further to its previously announced review of the capital allocation policy of the
Company, the Board of Directors has adopted a dividend policy providing for the payment of a
quarterly dividend of $0.02 per share. The dividend policy has been designed to allow sufficient
flexibility to continue investing in the Company's growth and its franchise network while providing
returns to its shareholders.
"We are very pleased to be able to implement this dividend policy", said Frank Hennessey, President
and Chief Executive Officer of the Company. "Given our business model, we are in a position to return
cash to our shareholders, while retaining financial flexibility to make significant investments in the
health of our franchised restaurant brands. The long term health of our franchise owners remains our
top priority and key strategic investments will help re-ignite growth for both our franchisees and the
Company."
The Board of Directors expects to declare the first dividend of $0.02 per share in the coming weeks. The
first regular quarterly dividend is expected to be declared concurrently with the release of the
Company's results for the fourth quarter of its 2014 financial year, with following dividends to be
declared quarterly concurrently with the release of the Company's results.
The declaration and payment of any dividend remains at the discretion of the Board of Directors and
will depend on the Company's cash requirements, financial results, future prospects and other factors
deemed relevant by the Board of Directors. Any dividend policy established by the Board of Directors
can be changed at any time and such policy is not binding on the Company. There can be no guarantee
that the Company will maintain its current dividend policy or that any dividend will be declared or
paid.
About Imvescor Restaurant Group Inc.
Headquartered in Moncton, New Brunswick, Imvescor Restaurant Group Inc. owns franchised and
corporate restaurants throughout Canada under four brands: Pizza Delight®, operating primarily in
Atlantic Canada, where it dominates the family/mid-scale segment, Mikes® and Scores®, operating
primarily in Québec in the family and casual dining segments and the take-out and delivery segments,
and Bâton Rouge®, operating in Québec, Ontario and Nova Scotia in the casual dining segment.
Cautionary Note Regarding Forward-Looking Statements
Certain information in this press release regarding the Company, including, but not limited to, the
Company's statements regarding the dividend policy and the declaration and payment of any
dividend, and other statements that are not historical facts, are "forward-looking statements" within the
meaning of applicable securities laws. Forward-looking statements involve known and unknown risks,
uncertainties and other factors outside the Company's control referenced in the Company's continuous
disclosure filings which are available on SEDAR at www.sedar.com. Although the forward-looking
statements contained herein are based upon what the Company believes to be reasonable assumptions
on the date of this press release, the Company cannot assure readers that actual results will be
consistent with these forward-looking statements and readers should not place undue reliance on the
Company's forward-looking statements. The Company assumes no obligation to update such forwardlooking statements to reflect new information, future events or otherwise, except as required by
applicable securities laws.
For further information:
Stéphane LeBlanc
Chief Financial Officer
Imvescor Restaurant Group Inc.
Tel.: 514-341-5544
www.imvescor.ca
For more information about our brands:
Pizza Delight®:
Mikes®:
Scores®:
Bâton Rouge®:
www.pizzadelight.com
www.mikes.ca
www.scores.ca
www.batonrouge.ca