IGW Thanks Fellow Unitholders for Strong Support for Board Change at Partners REIT
(firmenpresse) - VICTORIA, BRITISH COLUMBIA -- (Marketwired) -- 06/04/13 -- IGW Real Estate Investment Trust ("IGW") today announced that, based on proxies received by the deadline today, it believes its nominees have gained significant support to replace the four non-management incumbent trustees ("Incumbent Trustees") on the Board of Trustees of Partners REIT ("Partners").
IGW nominated James Bullock, Graham Senst, Wilbur Smith III, and Patrick Miniutti, for election to the Board of Trustees at Partners' annual meeting scheduled for June 6, 2013.
The Gold proxies received indicate that approximately 85% of the identified unitholders who hold 20,000 units or more have supported the election of trustees proposed by IGW.
"We are grateful for the strong support of our fellow unitholders who, like us, believe it is time for a change to the board of Partners. We need a board that is committed to growth in value and, with the new trustees, we are confident we will have it," said Adam Gant, President and Trustee of IGW. "We would expect an orderly transition to a new board at the annual meeting since that is in the best interests of Partners and its unitholders."
Final results of the unitholder vote are expected to be announced at the annual meeting of Partners on Thursday.
About IGW
IGW REIT is a private real estate investment trust and, through its affiliates, is the largest unitholder of Partners REIT, with 14.7% of the units. On May 9, 2013 it filed a proxy circular with securities regulators providing reasons why four trustees of Partners REIT should be removed and replaced by four highly experienced real estate executives IGW REIT has nominated for election to the Board of Trustees at Partners' annual meeting scheduled for June 6, 2013.
Contacts:
Investors
Laurel Hill Advisory Group
1-877-452-7184
Media
Lute & Company
John Lute
416-929-5883
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 04.06.2013 - 20:07 Uhr
Sprache: Deutsch
News-ID 266524
Anzahl Zeichen: 0
contact information:
Town:
VICTORIA, BRITISH COLUMBIA
Kategorie:
Personal Finance
Diese Pressemitteilung wurde bisher 197 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"IGW Thanks Fellow Unitholders for Strong Support for Board Change at Partners REIT"
steht unter der journalistisch-redaktionellen Verantwortung von
IGW Real Estate Investment Trust (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
