10% holder buying at Leon's Furniture (LNF)

10% holder buying at Leon's Furniture (T:LNF)

Midgemar Limited, a 10% Holder, acquired 55,500 Common Shares on a direct ownership basis at a price of $18.148 on December 12th, 2017. This represents a $1,007,231 investment into the company's shares and an account share holdings change of 0.5%.

Leon's Furniture is in the Department Stores Sub Industry Group under the Consumer Cyclicals Sector.

Leon's Furniture Limited provides a network of home furniture, appliances and electronics, and mattress stores in Canada. The Company's retail banners include Leon's, The Brick, The Brick Mattress Store, The Brick Clearance Centre, United Furniture Warehouse (UFW), The Brick's Midnorthern Appliance and Appliance Canada. It is a commercial retailer of appliances to builders, developers, hotels and property management companies. The Company's repair service division, Trans Global Services, provides household furniture, electronics and appliance repair services to its customers. The repair services division has contracts to support several manufacturers' warranty service work, in addition to servicing a number of individual programs offered by other dealers. The Company, through its subsidiaries, offers credit insurance coverage, which includes life, dismemberment, disability, critical illness, involuntary unemployment, property and family leave of absence.