R&R REIT Issues Units to its Non-Executive Trustees
November 28 2018 - 5:00PM
PR Newswire (Canada)
MISSISSAUGA, ON, Nov. 28, 2018 /CNW/ - R&R Real Estate
Investment Trust (TSXV: RRR.UN) (the "REIT") announces today that
it has issued 909,464 trust units to its non-executive trustees at
a price of $0.08 per trust unit in
accordance with the REIT's Non-Executive Trustee Issuance Plan
pursuant to which non-executive trustees can receive 100% of their
base annual retainer and certain other retainers in trust
units. The trust units that were issued are subject to a 4
month hold period.
About R&R REIT
R&R REIT is an open-ended real estate investment trust
focused on increasing unitholder value through the acquisition and
ownership of hotel properties located in the United States.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE R&R Real Estate Investment Trust
Copyright 2018 Canada NewsWire
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