True North Commercial Real Estate Investment Trust Announces Voting Results and Election of Trustees
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/
TORONTO, June 21, 2023 /CNW/ - True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the "REIT") announced today that all of the trustee nominees listed in the management information circular dated May 11, 2023, were elected as trustees of the REIT. The vote was conducted at the REIT's annual meeting of unitholders ("Meeting"), held in virtual meeting form, on June 21, 2023. The voting results of each of the matters considered at the Meeting are presented below.
1. Election of Trustees
Name of Nominee | Votes For | Percent | Votes Withheld | Percent | |
Lindsay Brand | 18,186,009 Units | 98.031 % | 365,330 Units | 1.969 % | |
Daniel Drimmer | 18,298,116 Units | 98.635 % | 253,223 Units | 1.365 % | |
Lora Gernon | 18,217,234 Units | 98.199 % | 334,105 Units | 1.801 % | |
Martin Liddell | 18,185,338 Units | 98.113 % | 349,808 Units | 1.887 % | |
Alon Ossip | 18,322,551 Units | 98.767 % | 228,788 Units | 1.233 % | |
Sandy Poklar | 17,988,061 Units | 96.964 % | 563,278 Units | 3.036 % | |
Tracy Sherren | 18,245,372 Units | 98.351 % | 305,967 Units | 1.649 % |
2. Re-Appointment of Auditor
BDO Canada LLP was re-appointed as the auditor of the REIT, to hold office until the next annual meeting of unitholders at remuneration to be fixed by the board of trustees. The voting results for the re-appointment of the auditor are as follows:
Votes For | Percent | Votes Withheld | Percent | ||
Re-appointment of auditor | 18,375,602 Units | 99.026 % | 180,703 Units | 0.974 % |
About the REIT
The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 46 properties consisting of approximately 5.0 million square feet in urban and select strategic secondary markets across Canada. The REIT is focused on growing its portfolio principally through acquisitions across Canada and such other jurisdictions where opportunities exist.
For more information regarding the REIT, please visit www.sedar.com or the REIT's website at www.truenorthreit.com.
SOURCE True North Commercial Real Estate Investment Trust
View original content: http://www.newswire.ca/en/releases/archive/June2023/21/c0929.html
