Lawrence Morassutti, a Director, acquired 150,000 Trust Units on an indirect ownership basis for registered holder Travi Inc. at a price of $7.070 through a prospectus or prospectus exempt offering on June 30th, 2017. This represents a $1,060,500 investment into the company's shares and an account share holdings change of 6.8%.
On the same terms:
Louis Maroun, a Director, acquired 70,000 Trust Units on a direct ownership basis and 35,000 Trust Units on a control or direction basis for registered holder Sigma Industrial Real Estate Advisors Limited through a prospectus or prospectus exempt offering on June 30th, 2017. This represents a $742,350 investment into the company's shares and an account share holdings change of 11.6%.
Saul Shulman, a Director, acquired 25,000 Trust Units on a direct ownership basis and 15,000 Trust Units on a control or direction basis for registered holder SAL Investment Inc. through a prospectus or prospectus exempt offering on June 30th, 2017. This represents a $282,800 investment into the company's shares and an account share holdings change of 61.8%.
Thomas James Tadeson, a Director, acquired 14,125 Trust Units on a direct ownership basis through a prospectus or prospectus exempt offering on June 30th, 2017. This represents a $99,864 investment into the company's shares and an account share holdings change of 25.8%.
Michael Anthony John Catford, a Director, acquired 5,000 Trust Units on a direct ownership basis through a prospectus or prospectus exempt offering on June 30th, 2017. This represents a $35,350 investment into the company's shares and an account share holdings change of 20.0%.
Jonathan J. Robbins, a Senior Officer, acquired 1,000 Trust Units on a direct ownership basis through a prospectus or prospectus exempt offering on June 30th, 2017. This represents a $7,070 investment into the company's shares and an account share holdings change of 100.0%.
Summit Industrial In REIT is in the Commercial REITs Sub Industry Group under the Financials Sector.
Summit Industrial Income REIT is a Canada-based mutual fund trust. The Trust is involved in the commercial leasing of real estate property with approximately 30 property locations in Ontario, approximately 6 properties across Western Canada, approximately 16 properties in Montreal, and one property in Atlantic Canada. The Company is focused on the light industrial sector of the Canadian real estate industry. Light industrial properties are one-storied properties located in or near cities. The properties house such activities as warehousing and storage, light assembly and shipping, call centers and technical support, professional services and other similar uses. The Company's manager is Sigma Asset Management Limited.
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