MONTREAL, Dec. 18, 2020 /PRNewswire/ - Pembroke Management
Ltd., an institutional shareholder of Collectors Universe, Inc.
("CLCT" or the "Company") (NASDAQ:CLCT) with an ownership interest
of approximately 3.5%, today announced that it has issued the
following open letter to CLCT shareholders, which can be accessed
at the following link:
Letter to CLCT Shareholders
About Pembroke Management Ltd.
Since its founding in Montreal
in 1968, Pembroke Management has focused on investing in
high-quality growth companies in Canada and the US. With offices in
Montreal, Toronto and Vancouver, Pembroke Management serves
institutional and high net worth clients in North America and Europe.
Pembroke Private Wealth Management, a wholly owned subsidiary of
Pembroke Management founded in 1988, offers a range of investment
solutions to family offices and high net worth clients across
Canada and is registered with the
Mutual Fund Dealers Association.
The Pembroke group of companies
is proudly independent and has combined innovation, insight and
growth to help build client wealth since 1968.
SPECIAL NOTE REGARDING THIS LETTER:
THIS LETTER CONTAINS OUR CURRENT VIEWS ON THE VALUE OF THE
COMPANY'S SECURITIES AND CERTAIN ACTIONS THAT THE COMPANY'S BOARD
MAY TAKE TO ENHANCE THE VALUE OF ITS SECURITIES. OUR VIEWS ARE
BASED ON OUR OWN ANALYSIS OF PUBLICLY AVAILABLE INFORMATION AND
ASSUMPTIONS WE BELIEVE TO BE REASONABLE. THERE CAN BE NO ASSURANCE
THAT THE INFORMATION WE CONSIDERED AND ANALYZED IS ACCURATE OR
COMPLETE. SIMILARLY, THERE CAN BE NO ASSURANCE THAT OUR ASSUMPTIONS
ARE CORRECT. THE COMPANY'S ACTUAL PERFORMANCE AND RESULTS MAY
DIFFER MATERIALLY FROM OUR ASSUMPTIONS AND ANALYSIS.
WE HAVE NOT SOUGHT, NOR HAVE WE RECEIVED, PERMISSION FROM ANY
THIRD-PARTY TO INCLUDE THEIR INFORMATION IN THIS LETTER. ANY SUCH
INFORMATION SHOULD NOT BE VIEWED AS INDICATING THE SUPPORT OF SUCH
THIRD PARTY FOR THE VIEWS EXPRESSED HEREIN.
THIS LETTER ALSO REFERENCES THE SIZE OF OUR RESPECTIVE CURRENT
HOLDINGS OF THE COMPANY'S SECURITIES RELATIVE TO OTHER HOLDERS OF
SUCH SECURITIES. OUR VIEWS AND OUR HOLDINGS COULD CHANGE AT ANY
TIME. WE MAY SELL ANY OR ALL OF OUR HOLDINGS OR INCREASE OUR
HOLDINGS BY PURCHASING ADDITIONAL SECURITIES. WE MAY TAKE ANY OF
THESE OR OTHER ACTIONS REGARDING THE COMPANY WITHOUT UPDATING THIS
LETTER OR PROVIDING ANY NOTICE WHATSOEVER OF ANY SUCH CHANGES
(EXCEPT AS OTHERWISE REQUIRED BY LAW).
FORWARD-LOOKING STATEMENTS:
Certain statements contained in this letter are forward-looking
statements including, but not limited to, statements that are
predications of or indicate future events, trends, plans or
objectives. Undue reliance should not be placed on such statements
because, by their nature, they are subject to known and unknown
risks and uncertainties. Forward-looking statements are not
guarantees of future performance or activities and are subject to
many risks and uncertainties. Due to such risks and uncertainties,
actual events or results or actual performance may differ
materially from those reflected or contemplated in such
forward-looking statements. Forward-looking statements can be
identified by the use of the future tense or other forward-looking
words such as "believe," "expect," "anticipate," "intend," "plan,"
"estimate," "should," "may," "will," "objective," "projection,"
"forecast," "management believes," "continue," "strategy,"
"position" or the negative of those terms or other variations of
them or by comparable terminology.
Important factors that could cause actual results to differ
materially from the expectations set forth in this letter include,
among other things, the factors identified in the public
filings of the Company. Such forward-looking statements should
therefore be construed in light of such factors, and we are under
no obligation, and expressly disclaim any intention or obligation,
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
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content:http://www.prnewswire.com/news-releases/pembroke-issues-open-letter-to-collectors-universe-shareholders-301196170.html
SOURCE Pembroke Management, LTD
