/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./
MONTRÉAL, June 4, 2019 /CNW Telbec/ - PRO Real Estate Investment Trust ("PROREIT" or the "REIT") (TSX: PRV.UN) is pleased to announce the voting results from its annual and special meeting of unitholders held today in Montréal, Québec.
A total of approximately 16.5% of the issued and outstanding voting units of the REIT were represented either in person or by proxy at the meeting, and each of the eight trustees of the REIT was re-elected as trustee of the REIT. Based on proxies received prior to the meeting, each trustee was re-elected by a substantial majority as follows:
Trustee |
Votes |
% Votes |
Votes |
%Votes |
Peter Aghar |
15,106,353 |
99.248% |
114,523 |
0.752% |
James W. Beckerleg |
15,103,203 |
99.227% |
117,673 |
0.773% |
Vincent Chiara |
15,043,903 |
98.837% |
176,973 |
1.163% |
Martin Coté |
15,030,255 |
98.748% |
190,621 |
1.252% |
Shenoor Jadavji |
15,061,968 |
98.956% |
158,908 |
1.044% |
John Levitt |
15,028,340 |
98.735% |
192,536 |
1.265% |
Gérard A. Limoges |
15,000,465 |
98.552% |
220,411 |
1.448% |
Ronald E. Smith |
15,017,888 |
98.666% |
202,988 |
1.334% |
The REIT's external auditor was also reappointed at the meeting, and the reconfirmation and amendment of the REIT's unitholder rights agreement was also approved at the meeting by the REIT's unitholders. Final voting results on all matters voted on at the meeting will be filed under PROREIT's profile on SEDAR at www.sedar.com.
About PROREIT
PROREIT (www.proreit.com) is an unincorporated open-ended real estate investment trust owning a diversified portfolio of 84 commercial properties across Canada representing over 3.7 million square feet of gross leasable area. Established in March 2013, PROREIT is mainly focused on strong secondary markets in Québec, Atlantic Canada and Ontario, with selective exposure in Western Canada.
SOURCE PROREIT
PRO Real Estate Investment Trust, James W. Beckerleg, President and Chief Executive Officer, 514-933-9552; PRO Real Estate Investment Trust, Gordon G. Lawlor, CPA, CA, Executive Vice, President, Chief Financial Officer and Secretary, 514-933-9552
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