Slate Retail REIT (TSX: SRT.U) (TSX: SRT.UN) (the "REIT"), an owner and
operator of U.S. grocery-anchored real estate, announced today that each
of the trustee nominees listed in the management information circular of
the REIT dated May 5, 2017 (the “Circular”) were elected as trustees of
the REIT at the annual meeting of unitholders held on June 20, 2017 (the
“AGM”). Voting results for the individual trustees of the REIT are as
follows:
|
Name of Nominee
|
|
Vote For
|
|
%
|
|
Withheld
|
|
%
|
|
|
Thomas Farley
|
|
16,390,891
|
|
99.87
|
|
20,834
|
|
0.13
|
|
|
Colum Bastable
|
|
16,379,891
|
|
99.81
|
|
31,834
|
|
0.19
|
|
|
Samuel Altman
|
|
16,389,891
|
|
99.87
|
|
21,834
|
|
0.13
|
|
|
Patrick Flatley
|
|
16,374,145
|
|
99.77
|
|
37,580
|
|
0.23
|
|
|
Andrea Stephen
|
|
16,372,704
|
|
99.76
|
|
39,021
|
|
0.24
|
|
|
Blair Welch
|
|
16,381,591
|
|
99.82
|
|
30,134
|
|
0.18
|
|
|
Brady Welch
|
|
16,381,591
|
|
99.82
|
|
30,134
|
|
0.18
|
|
The REIT welcomed a new addition to the Board of Trustees at the AGM.
"We are very pleased to have Andrea Stephen join the Board of Trustees
of Slate Retail REIT," said Greg Stevenson, Chief Executive Officer of
the REIT. “Andrea’s wealth of experience and proven track-record in the
commercial real estate industry further strengthens our existing
talent,” said Tom Farley, Chairman of the Board of Trustees for the REIT.
The resolution to re-appoint Deloitte LLP as the auditors of the REIT
for the ensuing year and authorizing the trustees to fix the
remuneration to be paid to the auditors was approved by 99.91% of the
votes.
The special resolution authorizing an amendment and restatement of the
declaration of trust of the REIT was withdrawn by the REIT’s Board of
Trustees prior to the commencement of formal business at the AGM.
Final results on all matters voted upon at the AGM will be filed with
the Canadian securities regulatory authorities and will be available on
the REIT’s SEDAR profile at www.sedar.com.
About Slate Retail REIT (TSX: SRT.U / SRT.UN)
Slate Retail REIT is a real estate investment trust focused on U.S.
grocery-anchored real estate. The REIT owns and operates over U.S. $1
billion of assets located across the top 50 U.S. metro markets that are
visited regularly by consumers for their everyday needs. The REIT’s
conservative payout ratio, together with its diversified portfolio and
quality tenant covenants, provides a strong basis to continue to grow
unitholder distributions and the flexibility to capitalize on
opportunities that drive value appreciation. Visit slateretailreit.com
to learn more about the REIT.
About Slate Asset Management L.P.
Slate Asset Management L.P. is a leading real estate investment platform
with over $4 billion in assets under management. Slate is a
value-oriented manager and a significant sponsor of all of its private
and publicly-traded investment vehicles, which are tailored to the
unique goals and objectives of its investors. The firm's careful and
selective investment approach creates long-term value with an emphasis
on capital preservation and outsized returns. Slate is supported by
exceptional people, flexible capital and a proven ability to originate
and execute on a wide range of compelling investment opportunities.
Visit slateam.com to learn more.
Investor Relations
Slate Retail REIT
+1 416 644 4264
ir@slateam.com