Nov 12 (Reuters) - Home Capital Group Inc HCG.TO :
* HOME CAPITAL GROUP INC. ANNOUNCES COMMENCEMENT AND TERMS OF SUBSTANTIAL ISSUER BID
* HOME CAPITAL GROUP INC - TO OFFER TO REPURCHASE FOR CANCELLATION UP TO C$300 MILLION SHARES FROM SHAREHOLDERS FOR CASH
* HOME CAPITAL GROUP INC - OFFER IS BEING MADE BY WAY OF A "MODIFIED DUTCH AUCTION"
* HOME CAPITAL GROUP INC - OFFER PRICES RANGE FROM C$16.50 TO C$18.50 PER SHARE
* HOME CAPITAL GROUP INC - OFFER WILL BE FOR ABOUT 22.66% OF HOME CAPITAL'S 80,246,349 TOTAL ISSUED AND OUTSTANDING SHARES
* HOME CAPITAL GROUP INC - HAS NOT BEEN ADVISED AS TO WHETHER BERKSHIRE HATHAWAY INTENDS TO DEPOSIT ANY OF THEIR SHARES PURSUANT TO OFFER
* HOME CAPITAL GROUP INC - TURTLE CREEK ASSET MANAGEMENT ADVISED THEY HAVE NOT YET MADE A DETERMINATION WITH RESPECT TO OFFER
* HOME CAPITAL GROUP INC - OFFER WILL EXPIRE AT 5:00 P.M. EASTERN TIME ON DECEMBER 18, 2018, UNLESS EXTENDED OR WITHDRAWN
* HOME CAPITAL GROUP INC - DIRECTORS AND OFFICERS ADVISED THEY WILL NOT TENDER ANY OF THEIR SHARES PURSUANT TO OFFER