VANCOUVER, May 25, 2018 /CNW/ - Pure Multi-Family REIT LP
("Pure Multi-Family" or the "REIT LP") (TSXV: RUF.U, RUF.UN,
RUF.DB.U; OTCQX: PMULF) is pleased to announce that all of the
matters presented at the annual and special meeting (the "Meeting")
of Pure Multi-Family's unitholders (the "Unitholders") held on
May 24, 2018, including: (i) fixing
the number of directors (the "Directors") of Pure Multi-Family REIT
(GP) Inc. (the "Governing GP"), the governing partner of the REIT
LP; (ii) the election of the Directors of the Governing GP; (iii)
the re-appointment of KPMG LLP, Chartered Accountants, as auditor
of Pure Multi-Family and authorizing the Directors to fix their
remuneration; (iv) authorizing and approving certain amendments to
Pure Multi-Family's Limited Partnership Agreement dated
May 8, 2012, as amended and restated
May 28, 2015 and as amended
August 21, 2015 (the "LP Agreement")
to remove Pure Multi-Family Management Limited Partnership as a
general partner of Pure Multi-Family; (v) authorizing and approving
certain amendments to the LP Agreement to remove certain
restrictions on the Class B Units contained therein; and (vi)
authorizing and approving, certain amendments to Pure
Multi-Family's Restricted Unit Plan, were approved by the
Unitholders.
Each of the Director Nominees listed in Pure Multi-Family's
management information circular (the "Information Circular")
dated April 9, 2018 were re-elected
as Directors of the Governing GP. The voting results for the
individual Directors are as follows:
|
Votes
For
|
Votes
Withheld
|
|
Name of
Director
|
Number
|
Percentage
|
Number
|
Percentage
|
|
Fraser R.
Berrill
|
39,142,065
|
92.97%
|
2,959,768
|
7.03%
|
|
Stephen J.
Evans
|
39,090,835
|
92.85%
|
3,010,998
|
7.15%
|
|
Maurice
Kagan
|
39,152,578
|
92.99%
|
2,949,255
|
7.01%
|
|
Robert W.
King
|
37,674,978
|
89.49%
|
4,426,855
|
10.51%
|
|
John C.
O'Neill
|
37,628,433
|
89.37%
|
4,473,400
|
10.63%
|
|
James L.
Redekop
|
39,146,935
|
92.98%
|
2,954,898
|
7.02%
|
|
Sherry D.
Tryssenaar
|
39,131,788
|
92.95%
|
2,970,045
|
7.05%
|
Mr. James Speakman, a director
since October 2013, did not stand for
re-election.
"The board of directors wishes to thank Mr. Speakman for his
leadership and many contributions to Pure Multi-Family. Mr.
Speakman has been a committed, precise and enthusiastic member of
the Board of Directors and its Nominating and Governance Committee
since October, 2013. We wish him the very best," said Robert King, Pure Multi-Family's Chair.
For more information, please refer to Pure Multi-Family's
Circular available on SEDAR at www.sedar.com.
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. multi-family real estate assets.
Additional information about Pure Multi-Family is available at
puremultifamily.com or sedar.com.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE
EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF
THIS RELEASE.
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SOURCE Pure Multi-Family REIT LP