Skip to main content
//empty //empty
TSX Real-Time Last Sale CAD
Today's Change
Volume
Price Quote as of

More stories below advertisement

Automotive Properties REIT Announces Results of Voting at Annual Meeting

CNW Group - CND - Thu Jun 25, 4:41PM CDT

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

Automotive Properties Real Estate Investment Trust (TSX:APR-UN.TO) (the "Trust") today announced the results of voting at its annual meeting of unitholders held earlier today (the "Meeting"). Each of the matters voted upon at the Meeting as set out below is described in greater detail in the Notice of Annual Meeting of Unitholders and Management Information Circular of the Trust dated May 14, 2020.

The total number of trust units and special voting units represented by holders by proxy at the Meeting was 18,247,377, representing 38.31% of the Trust's outstanding trust units and special voting units entitled to be voted.

Election of Trustees

All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as trustees to hold office until the next annual meeting following their election or until their successors are elected or appointed. The results of the vote are set out below:

Trust Units

Nominee

     Votes For  % Votes For  Votes Withheld  % Votes Withheld

           ---

        Kapil
         Dilawri               7,938,919       95.49%         375,205              4.51%

    ---

        Louis
         Forbes                7,873,899       94.71%         440,225              5.29%

    ---

        Patricia
         Kay                   8,071,979       97.09%         242,145              2.91%

    ---

        Milton
         Lamb                  7,965,479       95.81%         348,645              4.19%

    ---

        Stuart
         Lazier                7,959,179       95.73%         354,945              4.27%

    ---

        James
         Matthews              7,721,279       92.87%         592,845              7.13%

    ---

        John
         Morrison              7,873,779       94.70%         440,345              5.30%

    ---

Special Voting Units

Nominee Votes For % Votes For    Votes Withheld   % Votes Withheld

            ---

        Kapil
         Dilawri             9,933,253         100%
      Nil
       Nil

    ---

        Louis Forbes         9,933,253         100%
      Nil
       Nil

    ---

        Patricia Kay         9,933,253         100%
      Nil
       Nil

    ---

        Milton Lamb          9,933,253         100%
      Nil
       Nil

    ---

        Stuart
         Lazier              9,933,253         100%
      Nil
       Nil

    ---

        James
         Matthews            9,933,253         100%
      Nil
       Nil

    ---

        John
         Morrison            9,933,253         100%
      Nil
       Nil

    ---

Appointment of Auditors

BDO Canada LLP was reappointed as auditor of the Trust and the trustees were authorized to fix the auditor's remuneration. The results of the vote are set out below:

Trust Units

Votes For % Votes For Votes Withheld % Votes Withheld

       ---


       8,249,524            99.22%         64,600             0.78%

       ---

Special Voting Units

Votes For % Votes For    Votes Withheld   % Votes Withheld

       ---


       9,933,253              100%
     Nil
      Nil

       ---

About Automotive Properties REIT

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio currently consists of 64 income-producing commercial properties, representing approximately 2.4 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Qu�bec. Automotive Properties REIT is the only public vehicle in Canada focused on consolidating automotive dealership real estate properties. For more information, please visit: www.automotivepropertiesreit.ca

SOURCE Automotive Properties Real Estate Investment Trust

View original content: http://www.newswire.ca/en/releases/archive/June2020/25/c6190.html

SOURCE: Automotive Properties Real Estate Investment Trust

Bruce Wigle, Investor Relations, Bay Street Communications, Tel: 647-496-7856; Milton
Lamb, President & CEO, Automotive Properties REIT, Tel: (647) 789-2445; Andrew Kalra,
CFO & Corporate Secretary, Automotive Properties REIT, Tel: (647) 789-2446
comtex tracking

More stories below advertisement

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2020.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies