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Automotive Properties Real Estate Investment
Symbol C : APR.UN
Shares Issued 16,216,000
Close 2018-06-12 C$ 10.50
Recent Sedar Documents

Automotive Properties holders elect 5 trustees at AGM

2018-06-12 19:03 ET - News Release

Mr. Milton Lamb reports

AUTOMOTIVE PROPERTIES REIT ANNOUNCES RESULTS OF VOTING AT ANNUAL MEETING

Automotive Properties Real Estate Investment Trust has released the results of voting at its annual meeting of unitholders held earlier today. Each of the matters voted upon at the meeting as set out herein is described in greater detail in the notice of annual meeting of unitholders and management information circular of the trust dated May 1, 2018.

The total number of units and special voting units represented by holders by proxy at the meeting was 17,557,287, representing 67.14 per cent of the trust's outstanding units and special voting units entitled to be voted.

Election of trustees

All of the nominees listed in the management information circular prepared in connection with the meeting were elected as trustees by a resolution passed by a majority of the unitholders present or represented by proxy at the meeting, to hold office until the next annual meeting following their election or until their successors are elected or appointed without a ballot being conducted. The attached voting results for election of trustees tables represent the proxies received with regard to such matter.

           VOTING RESULTS FOR ELECTION OF TRUSTEES: TRUST UNITS
  
Nominee              Votes for   % votes for      Votes withheld    % votes withheld

Kapil Dilawri        7,506,114         98.45%            117,920                1.55%
Louis Forbes         7,231,015         94.84%            393,019                5.16%
Stuart Lazier        7,256,914         95.18%            367,120                4.82%
James Matthews       7,544,514         98.96%             79,520                1.04%
John Morrison        7,261,815         95.25%            362,219                4.75%

                  VOTING RESULTS FOR ELECTION OF TRUSTEES: 
              CLASS B LIMITED PARTNERSHIP SPECIAL VOTING UNITS
  
Nominee                Votes for    % votes for        Votes withheld     % votes withheld

Kapil Dilawri          9,933,253            100%                  Nil                  Nil
Louis Forbes           9,933,253            100%                  Nil                  Nil
Stuart Lazier          9,933,253            100%                  Nil                  Nil
James Matthews         9,933,253            100%                  Nil                  Nil
John Morrison          9,933,253            100%                  Nil                  Nil

Appointment of auditor

BDO Canada LLP was reappointed as auditor of the trust, and the trustees were authorized to fix the auditor's remuneration by a resolution passed by a majority of the unitholders present or represented by proxy at the meeting without a ballot being conducted. The attached voting results for auditor appointment tables represents the proxies received with regard to such matter.

         VOTING RESULTS FOR AUDITOR APPOINTMENT:
                       TRUST UNITS
  
Votes for    % votes for     Votes withheld    % votes withheld

7,605,891          99.76%            18,143                0.24%           

            VOTING RESULTS FOR AUDITOR APPOINTMENT:
        CLASS B LIMITED PARTNERSHIP SPECIAL VOTING UNITS
  
Votes for     % votes for      Votes withheld     % votes withheld

9,933,253             100%                Nil                  Nil             

About Automotive Properties Real Estate Investment Trust

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. Currently, the REIT's portfolio consists of 39 income-producing commercial properties, representing approximately 1.4 million square feet of gross leasable area, and one development property in metropolitan markets across Ontario, Saskatchewan, Alberta, British Columbia and Quebec. Automotive Properties REIT is the only public vehicle in Canada focused on consolidating automotive dealership real estate properties.

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