HALIFAX, NOVA SCOTIA--(Marketwire - June 28, 2012) - Royal Host Inc. ("Royal Host" or the "Corporation") (TSX:RYL) (TSX:RYL.DB.B) (TSX:RYL.DB.C) (TSX:RYL.DB.D) announced today that under terms and disclosures contained in the issuer bid circulars for substantial issuer bids of its Series B and Series D debentures (the "Offers") announced on June 6, 2012, Royal Host has entered into an agreement (the "Agreement") with Kingsdale Shareholder Services Inc. ("Kingsdale"). Under the terms of the Agreement, Kingsdale will act as an information agent in regards to the Offers to manage communications with Canadian debentureholders and to solicit acceptances of the offers from the Canadian debentureholders pursuant to the terms and disclosures contained in the issuer bid circular.
ROYAL HOST INC.
Royal Host is a diversified hospitality company that delivers shareholder value through hotel ownership, investment and franchising. The Corporation's hotels, which contain 3,092 rooms, are located in five Provinces and Territories across Canada. Twenty-two of the Corporation's hotels operate under internationally recognized brands such as Travelodge®, Super 8®, Holiday Inn®, Hilton® and Country Inns & Suites®. Two of the Corporation's hotels are unbranded. In addition to its real estate holdings, the Corporation owns and operates the Travelodge Canada franchise business which is currently comprised of over 90 hotels across nine Provinces and Territories.
Royal Host's common shares and convertible debentures are traded on the Toronto Stock Exchange under the trading symbols "RYL", "RYL.DB.B", "RYL.DB.C" and "RYL.DB.D" respectively.
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