Plaza Retail REIT announces the election of its board of trustees

May 29, 2017

FREDERICTON, NB, May 29, 2017 /CNW/ - Plaza Retail REIT ("Plaza") (TSX:PLZ.UN) is pleased to announce that each of the nominees proposed for election in its management information circular dated March 24, 2017 was elected at Plaza's annual meeting of unitholders  held in Fredericton, NB on May 25, 2017 (the "Meeting").     

The total number of trust units and special voting units represented by unitholders present in person or by proxy at the Meeting was 59,307,831, representing 57.95% of Plaza's issued and outstanding trust units and special voting units.

The detailed results of the votes cast in person by way of ballot and by proxy on the election of each trustee were as follows:  

 

Candidate

Votes For

% For

Votes
Withheld

% Withheld

 

Edouard Babineau

59,182,509

99.95%

30,188

0.05%

Robert Boudreau

58,538,275

98.86%

674,422

1.14%

Earl Brewer

59,201,668

99.98%

11,029

0.02%

Stephen Johnson

59,200,953

99.98%

11,744

0.02%

Denis Losier

59,178,884

99.94%

33,813

0.06%

Barbara Trenholm

59,179,524

99.94%

33,173

0.06%

Michael Zakuta

59,198,353

99.98%

14,344

0.02%

 

Voting results on all matters voted on at the Meeting will be filed on SEDAR at www.sedar.com.

ABOUT PLAZA

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, particularly in Eastern Canada.  Plaza's current portfolio includes interests in 296 properties totaling approximately 7.8 million square feet across Canada and additional lands held for development.  Plaza's properties include a mix of strip plazas, stand-alone small box retail outlets and enclosed shopping centres, anchored by approximately 91% national tenants. 

 

SOURCE Plaza Retail REIT

For further information: please visit www.plaza.ca or contact: Floriana Cipollone, Chief Financial Officer, Plaza Retail REIT, Tel: 416.848.4583; Kim Sharpe, Director of Business Development, Plaza Retail REIT, Tel: 506.357.7901