Wheeler Real Estate Investment Trust, Inc. Announces Final Results of Its 2018 Annual Stockholders’ Meeting
October 09 2018 - 08:00AM
Wheeler Real Estate Investment Trust, Inc. (NASDAQ:
WHLR) (“WHLR” or the “Company”), a fully-integrated,
self-managed commercial real estate investment company focused on
owning and operating income-producing retail properties with a
primary focus on grocery-anchored centers, announced today the
final voting results by the inspector of election, which included:
- Re-elected all eight of the Company’s directors to serve until
the next annual meeting and until their successors are duly-elected
and qualified;
- Approved, on a non-binding advisory basis, the Company’s
executive compensation, as described in its proxy statement;
- Approved, on a non-binding advisory basis, the frequency of
future advisory votes on the Company’s executive compensation for
every year; and
- Ratified the appointment of Cherry Bekaert, LLP as the
independent registered public accounting firm.
“On behalf of the Board and the WHLR management
team, we want to thank all of our shareholders for their ongoing
support, and in particular, over the last several months,” stated
David Kelly, President and CEO. “We believe we are
executing on the right plan to drive long-term, sustainable value
for our shareholders and have made significant progress this
year. However, we still have a great deal to accomplish and
we appreciate your support as we continue to transform the
Company.”
The Company will file a Form 8-K with the
Securities and Exchange Commission (“SEC”) reporting the final
results based on the independent inspector of election’s
tabulation.
About Wheeler Real Estate Investment
Trust, Inc.Headquartered in Virginia Beach, VA, Wheeler
Real Estate Investment Trust, Inc. is a fully-integrated,
self-managed commercial real estate investment company focused on
owning and operating income-producing retail properties with a
primary focus on grocery-anchored centers. Wheeler’s portfolio
contains well-located, potentially dominant retail properties in
secondary and tertiary markets that generate attractive
risk-adjusted returns, with a particular emphasis on
grocery-anchored retail centers. Additional information about
Wheeler Real Estate Investment Trust, Inc. can be found at the
Company’s corporate website: www.whlr.us.
Forward-Looking StatementsThis
press release may contain “forward-looking” statements as defined
in the Private Securities Litigation Reform Act of 1995. When the
Company uses words such as “may,” “will,” “intend,” “should,”
“believe,” “expect,” “anticipate,” “project,” “estimate” or similar
expressions that do not relate solely to historical matters, it is
making forward-looking statements. Forward-looking statements are
not guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company’s expectations discussed in the
forward-looking statements. Specifically, the Company’s ability to
produce income from grocery-anchored retail properties and its
ability to create long-term value for shareholders are
forward-looking statements. The Company’s expected results
may not be achieved, and actual results may differ materially from
expectations. These statements are not guarantees of future
performance and are subject to risks, uncertainties and other
factors, some of which are beyond our control, are difficult to
predict and could cause actual results to differ materially from
those expressed or forecasted in the forward-looking statements.
For these reasons, among others, investors are cautioned not to
place undue reliance upon any forward-looking statements in this
press release. Additional factors are discussed in the Company's
filings with the U.S. Securities and Exchange Commission, which are
available for review at www.sec.gov. The Company undertakes no
obligation to publicly revise these forward-looking statements to
reflect events or circumstances that arise after the date
hereof.
CONTACT: Mary JensenInvestor
Relations(757) 627-9088mjensen@whlr.us
Wheeler Real Estate Inve... (NASDAQ:WHLR)
Historical Stock Chart
From Feb 2024 to Mar 2024
Wheeler Real Estate Inve... (NASDAQ:WHLR)
Historical Stock Chart
From Mar 2023 to Mar 2024