PROREIT ANNOUNCES VOTING RESULTS AND EXPIRY OF RIGHTS PLAN Français
MONTRÉAL, June 3, 2025 /CNW/ - PRO Real Estate Investment Trust (" PROREIT" or the " REIT") (TSX: PRV.UN) is pleased to announce the voting results from its annual meeting of unitholders held on June 3, 2025 in Montréal, Québec.
A total of approximately 31.69% of the issued and outstanding voting units of the REIT were represented either in person or by proxy at the meeting, and each of the nine trustee nominees was elected as trustee of the REIT. Based on proxies received prior to the meeting, each trustee was elected by a substantial majority as follows:
Trustee
Votes
For
% Votes
For
Votes
Withheld
%Votes
Withheld
James W. Beckerleg (Vice Chair)
18,385,873
96.22 %
721,714
3.78 %
Vincent Chiara
18,763,760
98.20 %
343,827
1.80 %
Martin Coté (Chair)
18,751,277
98.14 %
356,310
1.87 %
Shenoor Jadavji
18,611,428
97.40 %
496,159
2.60 %
Gordon G. Lawlor
19,050,680
99.70 %
56,907
0.30 %
Kenrick McKinnon
19,047,564
99.69 %
60,023
0.31 %
Christine Pound
18,773,239
98.25 %
334,348
1.75 %
Deborah Shaffner
19,066,298
99.78 %
41,289
0.22 %
Ronald E. Smith
18,093,414
94.69 %
1,014,173
5.31 %
The REIT's external auditor was also reappointed at the meeting. Final voting results on all matters voted on at the meeting will be filed under PROREIT's profile on SEDAR+ at www.sedarplus.com.
Expiry of Rights Plan
The REIT also announces that its unitholder rights agreement expired in accordance with its terms following the annual meeting of unitholders. The REIT did not submit the agreement for reconfirmation at the annual meeting, thereby allowing it to expire in accordance with its terms.
About PROREIT
PROREIT (TSX: PRV.UN) is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. Founded in 2013, PROREIT owns a portfolio of high-quality commercial real estate properties in Canada, with a strong industrial focus in robust secondary markets.
For more information on PROREIT, please visit the website at: https://proreit.com.
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