May 21 (Reuters) - Premium Brands Holdings Corp PBH.TO :
* PREMIUM BRANDS ANNOUNCES CORNERSTONE INVESTMENT FROM CPPIB
* PREMIUM BRANDS HOLDINGS CORP - COMPLETED PRIVATE PLACEMENT OF 2.6 MILLION COMMON SHARES FROM TREASURY TO CPPIB AT A PRICE OF $76.02 PER COMMON SHARE
* PREMIUM BRANDS HOLDINGS CORP - INTENDS TO PARTLY USE NET PROCEEDS OF CPPIB PRIVATE PLACEMENT TO REPAY DEBT
* PREMIUM BRANDS HOLDINGS CORP - ALSO ENTERED INTO SUBSCRIPTION AGREEMENTS WITH CERTAIN SHAREHOLDERS OF COMPANY
* PREMIUM BRANDS - SHAREHOLDERS AGREED TO PURCHASE AN AGGREGATE OF 788,000 COMMON SHARES FROM TREASURY AT A PRICE OF $76.02 PER SHARE