ARCHIVED - Broadcasting Decision CRTC 2002-204

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Broadcasting Decision CRTC 2002-204

Ottawa, 26 July 2002

Rock 95 Broadcasting (Barrie - Orillia) Ltd.
Barrie, Ontario

Application 2002-0334-9

Corporate reorganization


The Commission has received an application by Rock 95 Broadcasting (Barrie - Orillia) Ltd. (Rock 95) to effect a corporate reorganization.


Rock 95 is the licensee of the radio programming undertakings CFJB-FM and CKMB-FM in Barrie, Ontario.


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.


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.


The Commission approves the application to effect a corporate reorganization of Rock 95.


The Commission will modify its ownership records accordingly.

Secretary General

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:

Date Modified: 2002-07-26

Date modified: