TORONTO, June 15,
2022 /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 April 29,
2022 for the annual meeting of unitholders of the REIT (the
"Circular") held earlier today was elected as a trustee of the
REIT.
Voting results for the individual trustees of the REIT are as
follows:
Name of
Nominee
|
Votes
For
|
% Votes
For
|
Votes
Withheld
|
% Votes
Withheld
|
Jennifer A.
Chasson
|
159,606,100
|
96.30 %
|
6,138,608
|
3.70 %
|
Mark M.
Cowie
|
164,602,801
|
99.31 %
|
1,141,907
|
0.69 %
|
S. Stephen
Gross
|
164,617,322
|
99.32 %
|
1,127,387
|
0.68 %
|
Brenna
Haysom
|
161,261,643
|
97.30 %
|
4,483,066
|
2.70 %
|
Thomas J.
Hofstedter
|
154,313,125
|
93.10 %
|
11,431,583
|
6.90 %
|
Juli Morrow
|
162,311,678
|
97.93 %
|
3,433,030
|
2.07 %
|
Marvin
Rubner
|
161,505,706
|
97.44 %
|
4,239,002
|
2.56 %
|
Ronald C.
Rutman
|
133,702,942
|
80.67 %
|
32,041,766
|
19.33 %
|
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 a majority on a vote conducted by
way of ballot. The results of the ballot were
148,170,651 votes (89.40%) 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 $11.4 billion as at
March 31, 2022. H&R REIT has
ownership interests in a North American portfolio comprised of
high-quality office, industrial, residential and retail properties
comprising over 29.5 million square feet. H&R is currently
undergoing a five-year, strategic repositioning to transform into a
simplified, growth-oriented company focusing on residential and
industrial properties to surface significant value for
unitholders.
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