ARCHIVED - Broadcasting Decision CRTC 2002-204
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Broadcasting Decision CRTC 2002-204 |
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Ottawa, 26 July 2002 |
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Rock 95 Broadcasting (Barrie - Orillia) Ltd. |
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Application 2002-0334-9 |
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Corporate reorganization |
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1. |
The Commission has received an application by Rock 95 Broadcasting (Barrie - Orillia) Ltd. (Rock 95) to effect a corporate reorganization. |
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2. |
Rock 95 is the licensee of the radio programming undertakings CFJB-FM and CKMB-FM in Barrie, Ontario. |
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The applicant proposed to implement a corporate reorganization through the transfer of 24,400 common shares of Rock 95, representing a 38.1% voting interest, from Robert Chapple to Glenridge Holdings Inc., Mr. Chapple's personal holding company. Glenridge Holdings Inc. presently holds 3,182 common shares, representing 5% of the voting interest of Rock 95. |
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The Commission notes that, as a result of this transaction, Glenridge Holdings Inc. will hold 27,582 common shares or a 43.1% voting interest of Rock 95. The effective control of Rock 95 will remain with Mr. Douglas Bingley through his personal holding company, 1003161 Ontario Inc. |
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The Commission approves the application to effect a corporate reorganization of Rock 95. |
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6. |
The Commission will modify its ownership records accordingly. |
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Secretary General |
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| This decision is to be appended to the licence. It is available in alternative format upon request, and may also be examined at the following Internet site: www.crtc.gc.ca |
Date Modified: 2002-07-26
- Date modified: