MONTRÉAL, June 15, 2023 /CNW/ - BTB Real Estate Investment Trust (TSX: BTB.UN) ("BTB" or the "REIT") is pleased to announce that each of the Trustees nominated in the Management Information Circular dated May 8th, 2023, were elected as Trustees of BTB during the Annual General Meeting held in Montréal on June 12th, 2023.
The details of the election are as follows:
Trustee nominee |
Outcome |
For |
Withheld |
||
Number |
% |
Number |
% |
||
Jocelyn Proteau |
Elected |
6,517,578 |
78.08 |
1,829,929 |
21.92 |
Jean-Pierre Janson |
Elected |
6,419,219 |
76.90 |
1,928,288 |
23.10 |
Luc Martin |
Elected |
6,518,229 |
78.09 |
1,829,278 |
21.91 |
Fernand Perreault |
Elected |
6,475,895 |
77.58 |
1,871,612 |
22.42 |
Lucie Ducharme |
Elected |
6,543,369 |
78.39 |
1,804,138 |
21.61 |
Sylvie Lachance |
Elected |
6,565,606 |
78.65 |
1,781,901 |
20.42 |
Christine Marchildon |
Elected |
6,525,552 |
78.17 |
1,821,955 |
21.83 |
Armand Des Rosiers |
Elected |
6,468,820 |
77.49 |
1,878,687 |
22.51 |
Michel Léonard |
Elected |
6,716,168 |
80.46 |
1,631,339 |
19.54 |
The results of the final votes regarding all matters subject to a vote during the Annual and Special Meeting of the Unitholders are available on the SEDAR website (www.sedar.com).
BTB welcomes New Trustee, Mr. Armand Des Rosiers
Mr. Des Rosiers has over 40 years' experience in commercial real estate investment, including 32 years with RBC Capital Markets Real Estate Group. Currently Managing Director at RBC Capital Markets, he has recently announced he will be leaving this position on July 31, 2023. In this capacity, he led a team of investment bankers involved in the most important institutional real estate investment and financing transactions in Quebec. Mr. Des Rosiers has always worked in an environment where ethics, integrity and governance were paramount. In January 2023, he obtained the ICD.D designation from the Institute of Corporate Directors. He is a Board member of Scleroderma Quebec and of the McCord Museum Foundation. Member of the Québec Bar since 1978, he holds a Bachelor of Civil Law from McGill University and an MBA from the Ivey Business School at Western University.
BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB REIT invests in industrial, off-downtown core office and necessity-based retail properties across Canada for the benefit of their investors. As of today, BTB owns and manages 75 properties, representing a total leasable area of approximately 6.1 million square feet.
People and their stories are at the heart of our success.
BTB offers a distribution reinvestment plan to unitholders whereby the participants may elect to have their monthly cash distribution reinvested in additional units of BTB at a price based on the weighted average price for BTB's Units on the Toronto Stock Exchange for the five trading days immediately preceding the distribution date, discounted by 3%.
For more detailed information, visit BTB's website at www.btbreit.com.
SOURCE BTB Real Estate Investment Trust
Philippine Soulié, Director of Communications, (T) 514-286-0188 x236, (E) [email protected]
Share this article