Lawrence Morassutti, a Director, acquired 100,000 Trust Units on an indirect ownership basis for registered holder Travi Inc. at a price of $7.200 through a prospectus or prospectus exempt offering on December 13th, 2017. This represents a $720,000 investment into the company's shares and an account share holdings change of 4.1%.
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Louis Maroun, a Director, acquired 90,300 Trust Units on a control or direction basis for registered holder Sigma Industrial Real Estate Advisors Limited. This represents a $650,160 investment into the company's shares and an account share holdings change of 20.4%.
Saul Shulman, a Director, acquired 17,361 Trust Units on a direct ownership basis, 13,889 Trust Units on an indirect ownership basis for registered holder Velia Productions Inc., and 17,361 Trust Units on a control or direction basis for registered holder SAL Investment Inc. This represents a $349,999 investment into the company's shares and an account share holdings change of 66.2%.
Thomas James Tadeson, a Director, acquired 11,100 Trust Units on a direct ownership basis. This represents a $79,920 investment into the company's shares and an account share holdings change of 16.1%.
Michael Anthony John Catford, a Director, acquired 10,000 Trust Units on a direct ownership basis. This represents a $72,000 investment into the company's shares and an account share holdings change of 33.3%.
Jonathan J. Robbins, a Senior Officer, acquired 2,000 Trust Units on a direct ownership basis. This represents a $14,400 investment into the company's shares and an account share holdings change of 100.0%.
Kimberley Hill, a Senior Officer, acquired 700 Trust Units on a direct ownership basis. This represents a $5,040 investment into the company's shares and an account share holdings change of 16.8%.
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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