Tech Leaders Income Fund announces an Equity Buyback for 646,000 units, representing approximately 10% of the public float and issued and outstanding units.

Tech Leaders Income Fund (TSX:TLF.UN) announces a share repurchase program. Under the bid, the company will repurchase up to 646,000 units, representing approximately 10% of the public float and issued and outstanding units. The units may only be purchased at a price per unit not exceeding the last published net asset value per unit through the facilities of the TSX or other eligible alternative market.

The repurchased shares may be cancelled. The fund may repurchase up to 129,246 units in any 30 day period which is 2% of the issued and outstanding units. The purchases will be made from June 24, 2014 to June 23, 2015.

As of June 20, 2014, the company has 6,460,844 units in public float and as of June 13, 2014, the company has 6,462,344 issued and outstanding units.