WHLR REIT Announces Pertinent Dates for its Annual Stockholders’ Meeting
July 18 2018 - 8:45AM
Wheeler Real Estate Investment Trust, Inc.
(NASDAQ:WHLR) (“WHLR REIT” 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, today announced that it
will hold its annual stockholders’ meeting on Wednesday, October 3,
2018 at 9:30 am. Only stockholders of record at the close of
business on Thursday, August 23, 2018, will be entitled to vote at
the meeting.
Please wait until you will have received a proxy
statement and accompanying WHITE proxy card from
WHLR REIT to vote your shares. STOCKHOLDERS OF THE COMPANY ARE
STRONGLY ENCOURAGED TO READ SUCH PROXY STATEMENT, ACCOMPANYING
WHITE PROXY CARD AND ALL OTHER DOCUMENTS FILED
WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME
AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION.
The Stilwell Group has notified the Company that they intend to
nominate three nominees for election as directors at the Annual
Meeting. The Stilwell Group consists of Stilwell Value Partners
VII, L.P., Stilwell Activist Fund, L.P., Stilwell Activist
Investments, L.P., Stilwell Value LLC and Joseph Stilwell.
The Stilwell Group has filed preliminary proxy materials with
the SEC to solicit proxies in support of its candidates. The
Stilwell Group’s candidates have NOT been endorsed by our Board of
Directors.
About WHLR REITHeadquartered 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. For additional information about
the Company, please visit: www.whlr.us
Important Additional
InformationThe Company, its directors and certain of its
executive officers are participants in the solicitation of proxies
from the Company’s stockholders in connection with the Company’s
2018 Annual Meeting of Stockholders. The Company intends to file a
proxy statement and WHITE proxy card with the U.S. Securities and
Exchange Commission (the “SEC”) in connection with any such
solicitation of proxies from the Company’s stockholders.
STOCKHOLDERS OF THE COMPANY ARE STRONGLY ENCOURAGED TO READ SUCH
PROXY STATEMENT, ACCOMPANYING WHITE PROXY CARD AND ALL OTHER
DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN
THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION.
Exhibit 99.2 of the Company’s Current Report on Form 8-K filed with
the SEC on July 18, 2018 contains information regarding the direct
and indirect interest, by securities holdings or otherwise, of the
Company's directors and executive officers in the Company's
securities. If the holdings of the Company’s securities change from
the amounts provided in Exhibit 99.2, such changes will be set
forth in SEC filings on Forms 3, 4, and 5, which can be found
through the Company's website at www.whlr.us in the section “SEC
Filings” under the “Investor Relations” section or through the
SEC's website at www.sec.gov. Information can also be found in the
Company's other SEC filings, including the Company's definitive
proxy statement for the 2017 Annual Meeting of Stockholders and its
Annual Report on Form 10-K for the year ended December 31, 2017.
Updated information regarding the identity of potential
participants, and their direct or indirect interests, by security
holdings or otherwise, will be set forth in the definitive proxy
statement and other materials to be filed with the SEC in
connection with the 2018 Annual Meeting of Stockholders.
Stockholders will be able to obtain the definitive proxy statement,
any amendments or supplements to the proxy statement and other
documents filed by the Company with the SEC at no charge at the
SEC's website at www.sec.gov. Copies will also be available at no
charge at the Company's website at www.whlr.us in the section “SEC
Filings” under the "Investor Relations" section.
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. The Company’s expected results
may not be achieved, and actual results may differ materially from
expectations. Specifically, the Company’s statements regarding its
annual meeting of stockholders are forward-looking
statements. Forward-looking statements are not guarantees of
future performance and are subject to risks, uncertainties and
other factors, some of which are beyond the Company’s 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 that could cause the Company’s actual results to differ
materially from those expressed or forecasted in forward-looking
statements 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
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