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Firm Capital Property Trust Announces Results of Annual – Information Important Web

TORONTO, June 20, 2024 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“), (TSX: FCD.UN) is entertained to foretell the voting results from its Annual Meeting of unitholders (“Unitholders”) of Trust Units (“Units”) of the Trust held on June 20, 2024 (the “Meeting”).

All the matters place nervy before Unitholders for kindness and support as ordered discover in the Trust’s direction aggregation broadside dated May 8, 2024 (the “Circular“) were authorised by the requisite eld of votes patch at the Meeting. In particular, Unitholders authorised the election of every fiduciary nominees and the support of RSM Canada LLP as the Trust’s auditors. The commission of trustees of the Trust is comprised as follows:

Nominee Votes “For” % Votes “For” Votes “Withheld” % of Votes “Withheld”
Geoffrey Bledin 7,355,114 99.416% 43,236 0.584%
Eli Dadouch 6,642,487 89.783% 755,863 10.217%
Stanley Goldfarb 7,351,842 99.371% 46,508 0.629%
Jonathan Mair 6,609,265 89.334% 789,085 10.666%
Robert McKee 6,611,203 89.361% 787,147 10.639%
Sandy Poklar 6,606,243 89.293% 792,107 10.707%
Lawrence Shulman 7,319,442 98.933% 78,908 1.067%
Howard Smuschkowitz 7,342,942 99.251% 55,408 0.749%
Manfred Walt 7,353,592 99.395% 44,758 0.605%
Victoria Granovski 6,603,743 89.260% 794,607 10.740%
Jeffrey Goldfarb 7,317,432 98.906% 80,918 1.094%
         

7,411,746 Units were represented by Unitholders in mortal or by agent at the Meeting, representing roughly 20.1% of the amount issued and unpaid Units at the achievement fellow for the Meeting. Full info of the voting results module be posted low the Trust’s strikingness on www.sedarplus.ca

ABOUT FIRM CAPITAL PROPERTY TRUST (TSX : FCD.UN)
Firm Capital Property Trust is convergent on creating long-term continuance for Unitholders, finished top betterment and disciplined finance to attain steady distributable income. In partnership with direction and playing leaders. The Trust’s organisation is to possess as substantially as to co-own a heterogeneous concept portfolio of multi-residential, turn industrial, and gain engage lavatory retail. In constituent to defence lonely accretive acquisitions, the Trust module attain render acquisitions with brawny playing partners and acquisitions of coloured interests from existing control groups, in a behavior that provides liquidity to those commerce owners and professed direction for those remaining as partners. Firm Capital Realty Partners Inc., finished a scheme convergent on an encounter of interests with the Trust sources, syndicates and concept and quality manages investments on behalf of the Trust.

FORWARD LOOKING INFORMATION

This advise promulgation contains include forward-looking statements within the message of practical securities laws including, among others, statements related with the opportunities that haw be acquirable to the Trust and statements regarding the playing of the Trust. In whatever cases, forward-looking statements crapper be identified by the ingest of text much as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “continue”, and by discussions of strategies that refer risks and uncertainties. The forward-looking statements are supported on destined key expectations and assumptions prefabricated by the Trust. By their nature, forward-looking statements refer numerous assumptions, inexplicit risks and uncertainties, both generalized and specific, that advance to the existence that the predictions, forecasts, projections and different forthcoming events module not occur. Although direction of the Trust believes that the expectations echolike in the forward-looking statements are reasonable, there crapper be no sureness that forthcoming results, levels of activity, action or achievements module become as anticipated. These statements are not guarantees and are supported on our estimates and assumptions that are mortal to risks and uncertainties, including those described in the Trust’s Annual Information Form for the assemblage ended Dec 31, 2023 low “Risks and Uncertainties” (a double of which crapper be obtained at www.sedarplus.ca). Neither the Trust nor some another mortal assumes domain for the quality and completeness of some forward-looking statements, and no digit has some obligation to update or reorganise some forward-looking statement, whether as a termination of newborn information, forthcoming events or much another factors which change this information, eliminate as required by law.

Neither the TSX nor its Regulation Services Provider (as that constituent is circumscribed in the policies of the TSX) accepts domain for the quality or quality of this release. Additional aggregation most the Trust is acquirable at www.firmcapital.com or www.sedarplus.ca.

For boost information, gratify contact:

Robert McKee  Sandy Poklar
President & Chief Executive Officer Chief Financial Officer
(416) 635-0221 (416) 635-0221
   

For Investor Relations information, gratify contact:

Victoria Moayedi
Director, Investor Relations
(416) 635-0221

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Source Link: https://www.globenewswire.com/news-release/2024/06/20/2902044/0/en/Firm-Capital-Property-Trust-Announces-Results-of-Annual-Meeting-of-Unitholders.html

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