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H&R Real Estate Investment Trust

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H&R Reports Voting Results from 2019 Annual Meeting of Unitholders
H&R Reports Voting Results from 2019 Annual Meeting of Unitholders

H&R Reports Voting Results from 2019 Annual Meeting of Unitholders

Canada NewsWire

TORONTO, June 17, 2019 /CNW/ - H&R Real Estate Investment Trust ("H&R REIT" or the "REIT") (TSX: HR.UN) is pleased to announce that each of the trustee nominees listed in the management information circular dated May 3, 2019 for the annual meeting of unitholders of the REIT (the "Circular") held earlier today was elected as a trustee of the REIT.

Each of the REIT trustees was re-elected with votes in favour ranging from approximately 84.4% to 97.1% of the votes cast at the meeting. Voting results for the individual trustees of the REIT are as follows:

Name of Nominee

Votes For

% Votes For

Votes
Withheld

% Votes
Withheld

Alex Avery

150,362,533

85.85%

24,777,306

14.15%

Robert Dickson

147,771,030

84.37%

27,368,809

15.63%

Edward Gilbert

160,367,785

91.57%

14,772,054

8.43%

Thomas Hofstedter

170,131,002

97.14%

5,008,837

2.86%

Laurence Lebovic

168,620,999

96.29%

6,498,840

3.71%

Juli Morrow

161,960,263

92.47%

13,179,576

7.53%

Ronald Rutman

150,398,614

85.87%

24,741,225

14.13%

Stephen Sender

157,695,201

90.04%

17,444,638

9.96%

 

In addition, the REIT is pleased to announce that a non-binding advisory resolution on the REIT's approach to executive compensation, as set out in the Circular, was passed as an ordinary resolution of the unitholders by an overwhelming majority on a vote conducted by way of ballot. The results of the ballot were 161,123,715 votes (92%) voting in favour of the 'say on pay' resolution.

All other matters set out in the Circular were approved by the requisite majority of the unitholders at the meeting. Final results on all matters voted at the meeting will be filed shortly with the Canadian securities regulators.

About H&R REIT

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $14.5 billion at March 31, 2019. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 43 million square feet.

Additional information regarding H&R REIT is available at www.hr-reit.com and on www.sedar.com.

SOURCE H&R Real Estate Investment Trust

View original content: http://www.newswire.ca/en/releases/archive/June2019/17/c0202.html

Larry Froom, Chief Financial Officer, 416-635-7520, or e-mail info@hr-reit.com.Copyright CNW Group 2019

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