Sustainable Innovation & Well being Dividend Fund Regular Course Issuer Bid

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TORONTO, Aug. 30, 2022 (GLOBE NEWSWIRE) — Sustainable Innovation & Well being Dividend Fund (the “Fund”) (TSX: SIH.UN) introduced that it has filed a discover with the Toronto Inventory Change (the “TSX”) and acquired its approval to make a traditional course issuer bid (“NCIB”). Purchases pursuant to the NCIB shall be made within the open market by the amenities of the TSX. This NCIB will begin on September 1, 2022 and can terminate on August 31, 2023. In accordance with the Declaration of Belief by which the Fund is ruled, market purchases pursuant to its NCIB could also be effected by the Fund.

The Fund had 7,928,501 items issued and excellent as at August 19, 2022 together with 7,887,401 items within the public float. The Fund might, through the 12 month interval commencing September 1, 2022 buy on the TSX as much as 788,740 items, being 10{ab24ffeec902ceefbc5fdafafd943b0c5d12b666e16ef1a5e7125e4fcd74f5fa} of the general public float and will not, in any 30 day interval, buy greater than 158,570 items, being 2{ab24ffeec902ceefbc5fdafafd943b0c5d12b666e16ef1a5e7125e4fcd74f5fa} of the items issued and excellent. The Fund will maintain in treasury for resale all items bought pursuant to the bid. As at August 19, 2022 the Fund had bought 378,400 items on the TSX at a median worth of $10.09 per unit below its beforehand authorised regular course issuer bid. The Fund had the flexibility to buy as much as 830,488 items below its final NCIB. The supervisor of the Fund believes that such purchases are in the very best curiosity of the Fund and are a fascinating use of its out there funds.

The Fund trades on the TSX below the image “SIH.UN”.

For additional data go to our web site at www.middlefield.com or contact the undersigned:

Nancy Tham
Managing Director, Gross sales and Advertising and marketing
(416) 847-5349

This press launch might comprise forward-looking data, together with with respect to future purchases of Models by the Fund. The forward-looking data contained on this press launch constitutes present expectations, as of the date of this press launch, with respect to the issues coated hereby. Traders and others shouldn’t assume that any forward-looking assertion contained on this press launch represents an estimate as of any date aside from the date of this press launch.

Sustainable Innovation & Well being Dividend Fund Regular Course Issuer Bid