Morguard North American Residential Real Estate Investment Trust Announces Voting Results from the 2016 Annual Meeting of Unitholders
Morguard North American Residential Real Estate Investment Trust Announces Voting Results from the 2016 Annual Meeting of Unitholders
Canada NewsWire
MISSISSAUGA, ON, May 16, 2016
MISSISSAUGA, ON, May 16, 2016 /CNW/ - Morguard North American Residential Real Estate Investment Trust ("the Trust") (TSX: MRG.UN) today announced the results of matters voted on at its annual unitholders' meeting held on May 11, 2016 (the "Meeting"), which included the election of trustees of the Trust, all of the nominees listed in its management information circular dated March 21, 2016. The voting results for each of the matters presented at the Meeting are presented below.
The total number of units and special voting units represented by holders present in person or by proxy at the meeting was 28,338,719 representing 60.95% of the Trust's total outstanding units and special voting units.
1. Election of Trustees
The seven (7) nominees proposed by management were elected as trustees of the Trust to hold office until the termination of the next annual meeting of unitholders or until their successors are duly elected or appointed, subject to the provisions of the Trust's Declaration of Trust. Proxies were received on this matter for units and special voting units of the Trust as follows:
|
Name |
Votes For |
% |
Votes Withheld |
% |
|
Avtar T. Bains |
28,147,300 |
99.95% |
15,305 |
0.05% |
|
Dino Chiesa |
28,152,357 |
99.96% |
10,248 |
0.04% |
|
Mel Leiderman |
28,148,657 |
99.95% |
13,948 |
0.05% |
|
Frank Munsters |
27,963,025 |
99.29% |
199,580 |
0.71% |
|
Bruce K. Robertson |
28,150,157 |
99.96% |
12,448 |
0.04% |
|
K. Rai Sahi |
28,152,573 |
99.96% |
10,032 |
0.04% |
|
William O. Wallace |
28,147,907 |
99.95% |
14,698 |
0.05% |
2. Appointment of Auditors
The firm of Ernst & Young LLP, chartered accountants, was appointed as auditor of the Trust to hold office until the close of the next annual meeting of the unitholders or until their successors are duly appointed, and to authorize the trustees to fix the remuneration of the auditor. Proxies were received on this matter for units and special voting units of the Trust as follows:
|
Votes For |
% |
Votes Withheld |
% |
|
28,312,388 |
99.91% |
25,731 |
0.09% |
About Morguard North American Residential REIT
The REIT is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in a portfolio of 15 Canadian residential apartment communities, located in Alberta and Ontario, and 31 U.S. low-rise and mid-rise, garden-style apartment communities located in Alabama, Colorado, Florida, Georgia, Louisiana, North Carolina and Texas consisting of more than 13,000 residential suites.
SOURCE Morguard North American Residential Real Estate Investment Trust
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