VANCOUVER, May 25, 2018 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi-Family” or the “REIT LP”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) is pleased to announce that all of the matters presented at the annual and special meeting (the “Meeting”) of Pure Multi-Family’s unitholders (the “Unitholders”) held on May 24, 2018, including: (i) fixing the number of directors (the “Directors”) of Pure Multi-Family REIT (GP) Inc. (the “Governing GP”), the governing partner of the REIT LP; (ii) the election of the Directors of the Governing GP; (iii) the re-appointment of KPMG LLP, Chartered Accountants, as auditor of Pure Multi-Family and authorizing the Directors to fix their remuneration; (iv) authorizing and approving certain amendments to Pure Multi-Family’s Limited Partnership Agreement dated May 8, 2012, as amended and restated May 28, 2015 and as amended August 21, 2015 (the “LP Agreement”) to remove Pure Multi-Family Management Limited Partnership as a general partner of Pure Multi-Family; (v) authorizing and approving certain amendments to the LP Agreement to remove certain restrictions on the Class B Units contained therein; and (vi) authorizing and approving, certain amendments to Pure Multi-Family’s Restricted Unit Plan, were approved by the Unitholders.
Each of the Director Nominees listed in Pure Multi-Family’s management information circular (the “Information Circular”) dated April 9, 2018 were re-elected as Directors of the Governing GP. The voting results for the individual Directors are as follows:
|
Votes For |
Votes Withheld |
|||
|
Name of Director |
Number |
Percentage |
Number |
Percentage |
|
Fraser R. Berrill |
39,142,065 |
92.97% |
2,959,768 |
7.03% |
|
Stephen J. Evans |
39,090,835 |
92.85% |
3,010,998 |
7.15% |
|
Maurice Kagan |
39,152,578 |
92.99% |
2,949,255 |
7.01% |
|
Robert W. King |
37,674,978 |
89.49% |
4,426,855 |
10.51% |
|
John C. O’Neill |
37,628,433 |
89.37% |
4,473,400 |
10.63% |
|
James L. Redekop |
39,146,935 |
92.98% |
2,954,898 |
7.02% |
|
Sherry D. Tryssenaar |
39,131,788 |
92.95% |
2,970,045 |
7.05% |
Mr. James Speakman, a director since October 2013, did not stand for re-election.
“The board of directors wishes to thank Mr. Speakman for his leadership and many contributions to Pure Multi-Family. Mr. Speakman has been a committed, precise and enthusiastic member of the Board of Directors and its Nominating and Governance Committee since October, 2013. We wish him the very best,” said Robert King, Pure Multi-Family’s Chair.
For more information, please refer to Pure Multi-Family’s Circular available on SEDAR at www.sedar.com.
About Pure Multi-Family REIT LP
Pure Multi-Family is a Canadian based, publicly traded vehicle which offers investors exclusive exposure to attractive, institutional quality U.S. multi-family real estate assets.
Additional information about Pure Multi-Family is available at puremultifamily.com or sedar.com.
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SOURCE Pure Multi-Family REIT LP
View original content: http://www.newswire.ca/en/releases/archive/May2018/25/c7344.html