MONTRÃAL, June 22, 2016 /CNW Telbec/ – (TSXV: NEL.UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT“) is pleased to announce the results of the REIT’s annual general and special meeting of unitholders held earlier today (the “Meeting“).
A combined total of 9,718,931 trust units and special voting units (collectively, the “Units“) were represented at the Meeting, or 92.36% of the issued and outstanding voting securities of the REIT. Unitholders voted in favour of all items of business before the Meeting by an overwhelming majority, including the election of all trustee nominees proposed by management.
Each of the following nine trustee nominees proposed by management were elected to the REIT’s board of trustees, each with the support of at least 99.69% of the votes cast in respect of the individual motions for their election: Alfred Corriveau, Jacques Girard, Bernard Grandmont, Yves Maurais, Jean-Guy Parent, Denis Perreault, Serge Riopel, Ben Rodney et Jean Teasdale.
At the Meeting, unitholders also approved and authorized the reappointment of Deloitte as auditor of the REIT and a resolution authorizing the renewal of the Unit Option Plan.
About Nobel REIT
Nobel REIT is an unincorporated open-ended real estate investment trust governed by the laws of the Province of QuÃ©bec. Nobel REIT has been created for the purpose of acquiring and owning income producing properties. The REIT focuses on acquiring commercial retail, mixed-used retail, industrial and office properties in the primary markets in the Province of QuÃ©bec and Canada. Nobel REIT currently owns, in whole or in part, directly or indirectly, seventeen properties located in QuÃ©bec, comprising more than 888,000 square feet of gross leasable area.
Disclaimer â Safe Harbour ForwardâLooking Statements
Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Nobel REIT to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
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SOURCE Nobel Real Estate Investment Trust