(TSX: KBL)

EDMONTON, AB, June 13, 2025 /CNW/ - K-Bro Linen Inc. (the "Corporation") announced today a dividend of 10.00 cents CDN per common share of the Corporation for the period from June 1 to 30, 2025, to be paid on July 15, 2025 to holders of record of common shares on June 30, 2025.

The Corporation's policy is for shareholders of record on the last business day of a calendar month to receive dividends during the fifteen days following the end of such month.  K-Bro designates this dividend as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and similar provincial and territorial legislation.

TORONTO, June 11, 2025 /CNW/ - The following issues have been halted by CIRO:

Company: K-Bro Linen Inc.

TSX Symbol: KBL.R

All Issues: No

Reason: Pending Delisting

Halt Time (ET): 8:02 AM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

(TSX:KBL)

EDMONTON,  AB, June 11, 2025 /CNW/ - K-Bro Linen Inc. ("K-Bro" or the "Corporation") is pleased to announce that it has completed its previously-announced acquisition of U.K.-based STAR Mayan Limited ("Star Mayan") for a cash purchase price of £107.2 million (the "Acquisition"). The Acquisition is highly complementary to K-Bro's existing U.K. businesses, Fishers and Shortridge, and creates a national footprint in the U.K.'s £1.6 billion commercial laundry and textile rental sector.

(TSX: KBL)

EDMONTON, AB, June 3, 2025 /CNW/ - K-Bro Linen Inc. (the "Corporation") announced today announced the results of its annual general meeting (AGM), held on June 3, 2025.   A total of 7,224,129 shares were voted in person or by proxy, representing 67.79% of the outstanding shares as of the record date.  Shareholders approved all items of business before the AGM, including the election of directors as follows:

% of Votes For:

% of Votes Withheld:

Matthew Hills

85.49 %

14.51 %

Steven Matyas

91.24 %

8.76 %

Linda McCurdy

95.57 %

4.43 %

Michael Percy

95.33 %

4.67 %

Elise Rees

95.40 %

4.60 %

% of Votes For:

% of Votes Withheld:

Election of PricewaterhouseCoopers

99.22 %

0.78 %

% of Votes For:

% of Votes Against:

LTI Amendments

67.21 %

32.79 %

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

(TSX:KBL)

EDMONTON, AB, May 30, 2025 /CNW/ - K-Bro Linen Inc. ("K-Bro" or the "Corporation") is pleased to announce that it has closed its previously announced bought deal offering of 2,334,500 subscription receipts of the Corporation ("Subscription Receipts") (including 304,500 Subscription Receipts issued pursuant to the exercise in full by the syndicate of Underwriters (as defined below) of their over-allotment option granted by the Corporation (the "Over-Allotment Option")) at a price of C$34.55 per Subscription Receipt, for gross aggregate proceeds of C$80,656,975 (the "Offering"). The Subscription Receipts issued pursuant to the Offering will trade on the Toronto Stock Exchange under the ticker symbol KBL.R.

Final prospectus is accessible on SEDAR+

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

(TSX:KBL)

EDMONTON, AB, May 27, 2025 /CNW/ - K-Bro Linen Inc. ("K-Bro" or the "Corporation") is pleased to announce that it has filed a final short form prospectus dated May 27, 2025 (the "Final Prospectus") with the securities regulatory authorities in all provinces and territories of Canada. The Final Prospectus has been filed in connection with K-Bro's previously announced public equity financing (the "Offering") of $70,136,500 of subscription receipts (the "Subscription Receipts") ($80,656,975 of Subscription Receipts if the over-allotment option granted by K-Bro to the underwriters is exercised in full).

TORONTO, May 14, 2025 /CNW/ - Trading resumes in:

Company: K-Bro Linen Inc.

TSX Symbol: KBL

All Issues: Yes

Resumption (ET): 8:00 AM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada..

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

TORONTO, May 13, 2025 /CNW/ - The following issues have been halted by CIRO:

Company: K-Bro Linen Inc.

TSX Symbol: KBL

All Issues: Yes

Reason: Pending News

Halt Time (ET): 04:25 AM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

(TSX: KBL)

EDMONTON, AB, May 13, 2025 /CNW/ - K-Bro Linen Inc. ("K-Bro" or the "Corporation") today announces its Q1 2025 financial and operating results.

Q1 2025 Financial and Operating Highlights

RevenueRevenue increased by 13.4% in Q1 2025 to $91.0 million compared to $80.2 million in 2024.Healthcare revenue increased to $50.6 million for Q1 2025 compared to $47.5 million in 2024, or by 6.5%.Hospitality revenue increased to $40.4 million for Q1 2025 compared to $32.7 million in 2024, or by 23.3%.Adjusted EBITDA1, Adjusted EBITDA Margin1 & Adjusted Net Earnings1Adjusted EBITDA increased to $15.0 million in Q1 2025 compared to $13.4 million in 2024.Adjusted EBITDA margin remained consistent at 16.5% in Q1 2025 compared to 16.7% in Q1 2024.Adjusted net earnings decreased by $0.2 million to $3.4 million in Q1 2025 from $3.6 million in 2024.EBITDA, EBITDA Margin & Net EarningsEBITDA increased by $0.8 million to $12.4 million for Q1 2025 compared to $11.6 million in 2024.EBITDA margin for the quarter decreased to 13.6% in 2025 compared to 14.5% in 2024.Net earnings for the quarter decreased by $1.0 million to $0.8 million in 2025 from $1.8 million in 2024, and as a percentage of revenue decreased by 1.4% to 0.9% in 2025 from 2.3% in 2024.For the first quarter of 2025, K-Bro declared dividends of $0.300 per common share.Long-term debt at the end of Q1 2025 was $119.3 million compared to $123.8 million at the end of fiscal 2024.

(TSX: KBL)

EDMONTON, AB, May 5, 2025 /CNW/ - K-Bro Linen Inc. (the "Corporation") will host its Annual General Meeting on Tuesday, June 3, 2025  at 11:00 am Eastern Time virtually at https://meetings.lumiconnect.com/400-499-467-342. The presentation will include a formal meeting component followed by a presentation by Linda McCurdy, President and CEO, and Kristie Plaquin, CFO

Date:      June 3, 2025Time:     11:00 a.m. ET (9:00 a.m. MT)Meeting Link:   https://meetings.lumiconnect.com/400-499-467-342