MISSISSAUGA, ON, May 12, 2017 /CNW/ - Morguard North American
Residential Real Estate Investment Trust ("the Trust") (TSX:
MRG.UN) today announced the results of matters voted on at its
annual unitholders' meeting held on May 10,
2017 (the "Meeting"), which included the election of
trustees of the Trust, all of the nominees listed in its management
information circular dated March 21,
2017. The voting results for each of the matters presented at
the Meeting are presented below.
The total number of units and special voting units represented
by holders present in person or by proxy at the meeting was
30,965,584 representing 60.85% of the Trust's total outstanding
units and special voting units.
1. Election of Trustees
The seven (7) nominees proposed by management were elected as
trustees of the Trust to hold office until the termination of the
next annual meeting of unitholders or until their successors are
duly elected or appointed, subject to the provisions of the Trust's
Declaration of Trust. Proxies were received on this matter for
units and special voting units of the Trust as follows:
|
Name
|
Votes
For
|
%
|
Votes
Withheld
|
%
|
|
Avtar T.
Bains
|
30,370,114
|
99.00
|
305,974
|
1.00
|
|
Dino
Chiesa
|
30,380,660
|
99.04
|
295,428
|
0.96
|
|
Mel
Leiderman
|
30,384,658
|
99.05
|
291,430
|
0.95
|
|
Frank
Munsters
|
30,244,594
|
98.59
|
431,494
|
1.41
|
|
Bruce K.
Robertson
|
30,385,358
|
99.05
|
290,730
|
0.95
|
|
K. Rai
Sahi
|
30,356,851
|
98.96
|
319,237
|
1.04
|
|
William O.
Wallace
|
30,375,114
|
99.02
|
300,974
|
0.98
|
2. Appointment of Auditors
The firm of Ernst & Young LLP, chartered accountants, was
appointed as auditor of the Trust to hold office until the close of
the next annual meeting of the unitholders or until their
successors are duly appointed, and to authorize the trustees to fix
the remuneration of the auditor. Proxies were received on
this matter for units and special voting units of the Trust as
follows:
|
Votes
For
|
%
|
Votes
Withheld
|
%
|
|
30,923,141
|
99.88
|
35,746
|
0.12
|
About Morguard North American Residential REIT
The REIT is an unincorporated, open-ended real estate investment
trust which owns, through a limited partnership, interests in a
portfolio of 15 Canadian residential apartment communities, located
in Alberta and Ontario, and 31 U.S. low-rise and mid-rise,
garden-style apartment communities located in Alabama, Colorado, Florida, Georgia, Louisiana, North
Carolina and Texas
consisting of more than 13,000 residential suites.
SOURCE Morguard North American Residential Real Estate
Investment Trust