TORONTO, Nov. 14, 2012 /CNW/ - Invesco Canada Ltd., on behalf of the investment funds and client accounts managed by it, announces today its intent to requisition a meeting of shareholders of RONA inc. for the purpose of removing RONA's current directors and electing new directors in their place.
Invesco Canada exercises control or direction over 12,339,911 common shares of RONA, representing approximately 10.16% of RONA's outstanding common shares.
Invesco Canada Ltd., operating under three distinct yet complementary product brands (Trimark, Invesco and PowerShares), is one of Canada's largest investment management companies. A subsidiary of Invesco Ltd., Invesco Canada offers a diversified suite of investment solutions to institutions, organizations, companies and individual investors across Canada and around the world. Invesco Ltd. is a leading independent global investment management firm dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high-net-worth clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
Invesco and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence.SOURCE Invesco Canada Ltd.