An anonymous director reports
PURE MULTI-FAMILY ANNOUNCES K2'S SUPPORT FOR ITS DIRECTOR NOMINEES AT UPCOMING ANNUAL AND SPECIAL MEETING
K2 Principal Fund LP has informed Pure Multi-Family REIT LP that K2 will not put forward any director nominees for election at the coming annual and special meeting of unitholders of the REIT, which is currently scheduled for May 24, 2018. To prevent any further costs to unitholders and to eliminate any potential distraction to the previously announced formal process to explore strategic options, including the potential sale of Pure Multi-Family, K2 will support the seven director nominees identified in the REIT's management information circular dated April 9, 2018.
Both the board of directors of Pure Multi-Family and K2 are focused on maximizing value for unitholders.
About Pure Multi-Family REIT LP
Pure Multi-Family is a Canadian-based, publicly traded vehicle which offers investors exclusive exposure to attractive, institutional quality U.S. multifamily real estate assets.
We seek Safe Harbor.
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