STAMFORD, Conn., Dec. 28 /PRNewswire-FirstCall/ -- Centerplate, Inc. (Amex: CVP; TSX: CVP.un), announced today that a cash payment of U.S. $0.13 per Income Deposit Security will be payable on January 18, 2008 to holders of record of Income Deposit Securities at the close of business on January 10, 2008.
Each of the Income Deposit Securities issued by the Company in its initial public offering in December 2003 is comprised of one share of common stock and a subordinated note. The total payment of U.S. $0.13 reflects a cash dividend of U.S. $0.066 per share of common stock for the monthly period beginning December 20, 2007 and ending January 19, 2008 and includes an interest payment of U.S. $0.064 for the monthly period beginning December 20, 2007 and ending January 19, 2008 as provided in the subordinated note.
Centerplate, Inc., with its principal executive office in Stamford, CT, is a leading provider of food and related services including concessions, catering, and merchandise services in more than 125 sports facilities, convention centers and other entertainment venues throughout the United States and Canada. Visit the company online at http://www.centerplate.com/.
For more information contact:
Gael Doar
Director of Communications
203-975-5941