Decision CRTC 2001-674
Ottawa, 5 November 2001
Mrs. Joan Myles
Benson Myles
Barristers, Solicitors, Notaries
Suite 900 Atlantic Place
Water Street, P.O. Box 1538
St. John’s, Newfoundland
A1C 5N8
Dear Madam:
Re: Application No. 2001-1098-2– Approved
Transfer of control– Regional Cablesystems Inc., on behalf of
AGI Cablevision Inc., requests authority to acquire effective control
of AGI Cablevision Inc., licensee of cable distribution undertakings
serving Alvinston, plus 16 other Ontario locations.
The Commission approves the above-noted application for authority to
effect a change in the effective control of AGI Cablevision Inc. (AGI).
The change in effective control will be effected through the transfer of
all of the issued and outstanding shares of Information Communication
Services (ICS) Inc., of which AGI Cablevision Inc. is a wholly owned
subsidiary to Regional Cablesystems Inc.
The Commission notes that Regional Cablesystems Inc. will now exercise
control over AGI. Furthermore the Commission understands, that following
the transaction, AGI will amalgamate with Regional Cablesystems Inc. The
Commission expects the amalgamation documents to be forwarded once they
become available along with an executed copy of the share purchase
agreement.
The Commission will modify its ownership records to reflect the
authorized ownership of AGI as shown in the attached appendix.
All letters of approval issued by the Commission are made available for
public examination at the Commission’s central office. The Commission
also requires you to append this letter to your licence.
Yours sincerely,
Ursula Menke
Secretary General
Att.
c.c. AGI Cablevision Inc.
Appendix
Information Communication Services (ICS) Inc.
|
Shareholder
|
Type |
# held |
% of vote |
|
Regional Cablesystems Inc.
|
Common |
1,011,462 |
100% |
AGI Cablevision Inc.
|
Shareholder
|
Type |
# held |
% of vote |
|
Information Communication Services (ICS) Inc.
|
Common |
2,781,742 |
100% |
Locations
Alvinston; Aylmer; Bothwell; Brownsville; Courtland; Embro; Glencoe;
Langton; Lyons; Mount Brydges; Port Bruce/Copenhagen; Port Burwell; Port
Rowan; St. William's/Booth's Harbour; Simcoe; Straffordville;
Wardsville/Newbury, Ontario
Date Modified: 2001-11-05
|
