Inovalis Real Estate Investment Trust Announces Voting Results from the 2019 Annual and Special Meeting

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Inovalis Real Estate Investment Trust Announces Voting Results from the 2019 Annual and Special Meeting

Canada NewsWire

TORONTO, May 16, 2019

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

TORONTO, May 16, 2019 /CNW/ - Inovalis Real Estate Investment Trust (the "REIT") (TSX: INO.UN)  

Inovalis Real Estate Investment (CNW Group/Inovalis Real Estate Investment Trust)

The REIT announced today that each of the trustee nominees listed in the management information circular of the REIT dated April 15, 2019 were elected as trustees of the REIT at the annual and special meeting of unitholders held on May 15, 2019.  Voting results for the individual trustees of the REIT are as follows: 


Number of Units
Voted For

Percentage of
Units Voted
For

Number of Units
Withheld from
Voting

Percentage of
Units
Withheld
from Voting

Darnel Argiros

8,215,780

88.35%

1,083,151

11.65%

Jean-Daniel Cohen

6,518,570

70.10%

2,780,361

29.90%

Jo-Ann Lempert

8,204,649

88.23%

1,094,282

11.77%

Michael Lagopoulos

8,215,101

88.34%

1,083,830

11.66%

Marc Manasterski

8,209,247

88.28%

1,089,684

11.72%

Robert J. Picard

8,212,614

88.32%

1,086,317

11.68%

 

The resolution to re-appoint EY, 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 99.87% of the votes, and the resolution to approve the Deferred Unit Plan was approved by 87.09% of the votes.

ABOUT  INOVALIS REAL  ESTATE INVESTMENT TRUST

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria.

SOURCE Inovalis Real Estate Investment Trust

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2019/16/c5912.html

Copyright CNW Group 2019

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