Summit Industrial Income REIT - Announcement of Completion of Unit
Consolidation
HALIFAX, NS,
Jan. 28, 2013 /CNW/ - Summit
Industrial Income REIT ("Summit II") announced today that it
has completed the previously disclosed consolidation of its
outstanding units on the basis of one post-consolidation unit for
every 12 pre-consolidation units (with the number of
pre-consolidation units being a whole number of units) (the
"Consolidation").
The Consolidation was approved by a special
meeting of unitholders held on January 16,
2013, and was approved by the TSX Venture Exchange on
January 21, 2013. Pursuant to the
Consolidation, the number of outstanding units has been reduced
from 82,717,645 to 6,893,110 units.
About Summit II
Summit II is an open‐ended mutual fund trust focused on
growing and managing a portfolio of light industrial properties
across Canada. Summit II's units
are listed on the TSX Venture Exchange and trade under the symbol
SMU.UN.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Summit Industrial Income REIT