TORONTO, June 17, 2019 /CNW/ - H&R Real Estate
Investment Trust ("H&R REIT" or the "REIT") (TSX: HR.UN) is
pleased to announce that each of the trustee nominees listed in the
management information circular dated May 3,
2019 for the annual meeting of unitholders of the REIT (the
"Circular") held earlier today was elected as a trustee of the
REIT.
Each of the REIT trustees was re-elected with votes in favour
ranging from approximately 84.4% to 97.1% of the votes cast at the
meeting. Voting results for the individual trustees of the REIT are
as follows:
|
Name of
Nominee
|
Votes
For
|
% Votes
For
|
Votes
Withheld
|
% Votes
Withheld
|
|
Alex Avery
|
150,362,533
|
85.85%
|
24,777,306
|
14.15%
|
|
Robert
Dickson
|
147,771,030
|
84.37%
|
27,368,809
|
15.63%
|
|
Edward
Gilbert
|
160,367,785
|
91.57%
|
14,772,054
|
8.43%
|
|
Thomas
Hofstedter
|
170,131,002
|
97.14%
|
5,008,837
|
2.86%
|
|
Laurence
Lebovic
|
168,620,999
|
96.29%
|
6,498,840
|
3.71%
|
|
Juli
Morrow
|
161,960,263
|
92.47%
|
13,179,576
|
7.53%
|
|
Ronald
Rutman
|
150,398,614
|
85.87%
|
24,741,225
|
14.13%
|
|
Stephen
Sender
|
157,695,201
|
90.04%
|
17,444,638
|
9.96%
|
In addition, the REIT is pleased to announce that a non-binding
advisory resolution on the REIT's approach to executive
compensation, as set out in the Circular, was passed as an ordinary
resolution of the unitholders by an overwhelming majority on a vote
conducted by way of ballot. The results of the ballot were
161,123,715 votes (92%) voting in favour of the 'say on
pay' resolution.
All other matters set out in the Circular were approved by the
requisite majority of the unitholders at the meeting. Final results
on all matters voted at the meeting will be filed shortly with the
Canadian securities regulators.
About H&R REIT
H&R REIT is one of Canada's
largest real estate investment trusts with total assets of
approximately $14.5 billion at
March 31, 2019. H&R REIT has
ownership interests in a North American portfolio of high quality
office, retail, industrial and residential properties comprising
over 43 million square feet.
Additional information regarding H&R REIT is available at
www.hr-reit.com and on www.sedar.com.
SOURCE H&R Real Estate Investment Trust