TORONTO, June 2, 2021 /CNW/ - (TSX: CAR.UN) -
Canadian Apartment Properties Real Estate Investment Trust
("CAPREIT") announced today that, at its Annual Meeting of
Unitholders held today, each of the items of business referred
to in its management information circular dated April 15, 2021 were passed by a vote held by
ballot.
The voting results for each item of business are as follows:
Election of Trustees:
Nominee
|
Votes For
|
%
Votes For
|
Votes Withheld
|
%
Votes Withheld
|
Lori-Ann
Beausoleil
|
113,452,554
|
99.92%
|
93,664
|
0.08%
|
Harold
Burke
|
108,381,474
|
95.45%
|
5,164,744
|
4.55%
|
Gina Cody
|
112,415,342
|
99.00%
|
1,130,876
|
1.00%
|
Mark
Kenney
|
113,279,503
|
99.77%
|
266,715
|
0.23%
|
Poonam
Puri
|
112,196,557
|
98.81%
|
1,349,661
|
1.19%
|
Jamie
Schwartz
|
112,284,041
|
98.89%
|
1,262,177
|
1.11%
|
Michael
Stein
|
86,337,995
|
76.04%
|
27,208,223
|
23.96%
|
Elaine
Todres
|
112,822,189
|
99.36%
|
724,029
|
0.64%
|
René
Tremblay
|
113,089,940
|
99.60%
|
456,278
|
0.40%
|
Appointment of Auditors
|
Votes For
|
%
Votes For
|
Votes Withheld
|
%
Votes Withheld
|
PricewaterhouseCoopers, LLP, Chartered Professional
Accountants
|
105,631,610
|
92.65%
|
8,374,269
|
7.35%
|
Advisory Vote on Executive Compensation
A non-binding advisory vote to accept CAPREIT's approach to
executive compensation was approved.
Votes For: 110,078,598
Votes Against: 3,467,620
About CAPREIT
CAPREIT is Canada's largest
publicly traded provider of quality rental housing. CAPREIT
currently owns or has interests in approximately 68,500 residential
apartment suites, townhomes and manufactured housing community
sites well-located across Canada,
the Netherlands and Ireland. For more information about CAPREIT,
its business and its investment highlights, please refer to our
website at www.caprent.com or www.capreit.net and our public
disclosure which can be found under our profile at
www.sedar.com.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING
STATEMENTS
All statements in this press release that do not relate to
historical facts constitute forward-looking statements within the
meaning of applicable securities legislation. These statements
represent CAPREIT's intentions, plans, expectations and beliefs and
are based on a number of assumptions and subject to a number of
risks and uncertainties, many of which are beyond CAPREIT's
control, that could cause actual results and events to differ
materially from those that are disclosed in or implied by such
forward-looking statements. These risks and uncertainties include,
but are not limited to, the factors discussed in CAPREIT's current
Annual Information Form as well as under the "Risks and
Uncertainties" section of the MD&A released on February 24, 2021, both of which are available on
SEDAR at www.sedar.com. Subject to applicable law, CAPREIT does not
undertake any obligation to publicly update or revise any
forward-looking information.
SOURCE Canadian Apartment Properties Real Estate Investment
Trust (CAPREIT)