Multiple buying at Enbridge Income Fund (ENF)

Multiple buying at Enbridge Income Fund (T:ENF)

Updated Thursday Apr 20, 2017 01:45 AM EDT
The following insiders acquired Common Shares at a price of $33.150 through a prospectus or prospectus exempt offering on April 18th, 2017:

John Richard Bird
, a Director, acquired 50,000 Common Shares on a control or direction basis for registered holder Ptarmigan Charitable Foundation. This represents a $1,657,500 investment into the company's shares and an account share holdings change of 23.4%.

Ernest F. H. Roberts, a Director, acquired 4,000 Common Shares on an indirect ownership basis for registered holder BMO Nesbitt Burns ITF Ernest Roberts and/or Adele Roberts. This represents a $132,600 investment into the company's shares and an account share holdings change of 10.5%.

Laura Ann Cillis, a Director, acquired 3,000 Common Shares on an indirect ownership basis for registered holder RRSP. This represents a $99,450 investment into the company's shares and an account share holdings change of 91.2%.

Enbridge Income Fund Holdings is in the Oil & Gas Transportation Services Sub Industry Group under the Energy Sector.

Enbridge Income Fund Holdings Inc., through its investment in Enbridge Income Fund, holds energy infrastructure assets. The Company's business is limited to ownership of its interest in Enbridge Income Fund (the Fund). The Fund's objective is to pay out a high proportion of available cash in the form of dividends to shareholders. The Fund is involved in the transportation, storage and generation of energy through its liquids transportation and storage assets, including the Canadian Mainline, the Regional Oil Sands System, a 50% interest in the Canadian and United States portions of the Alliance Pipeline, which transports natural gas, and interests in renewable and alternative power generation assets. The Fund's assets consist of a portfolio of Canadian liquids transportation and storage businesses, including the Regional Oil Sands System in Alberta and pipelines in the Saskatchewan Bakken region, and the Canadian segment of the Southern Lights Pipeline.


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