TORONTO, April 2, 2024 /CNW/ - First Capital REIT ("First Capital" or the "Trust") (TSX: FCR.UN) announced today the results of the election of trustees at its annual and special meeting of unitholders held on April 2, 2024 (the "Meeting").
The total number of trust units represented by unitholders present or by proxy at the Meeting was 154,808,692, representing 72.96% of the Trust's issued and outstanding trust units.
Each of the ten nominees listed in the Trust's management information circular dated February 29, 2024 was elected as a Trustee. Proxies were received in respect of the election of trustees of First Capital as follows:
Trustee
Proxy Votes For
Proxy %
For
Proxy Votes Withheld
Proxy %
Withheld
Outcome
Paul Douglas (Chair of the Board)
151,381,191
97.79 %
3,426,501
2.21 %
Carried
Leonard Abramsky
148,566,457
95.97 %
6,241,235
4.03 %
Carried
Sheila Botting
144,754,842
93.51 %
10,052,850
6.49 %
Carried
Ian Clarke
144,850,969
93.57 %
9,956,723
6.43 %
Carried
Dayna Gibbs
148,267,175
95.78 %
6,540,517
4.22 %
Carried
Ira Gluskin
151,835,715
98.08 %
2,971,977
1.92 %
Carried
Annalisa King
142,073,138
91.77 %
12,734,554
8.23 %
Carried
Al Mawani
140,169,061
90.54 %
14,638,631
9.46 %
Carried
Richard Nesbitt
154,646,694
99.90 %
160,998
0.10 %
Carried
Adam E. Paul
144,940,673
93.63 %
9,867,019
6.37 %
Carried
About First Capital REIT (TSX: FCR.UN)
First Capital owns, operates and develops grocery-anchored, open-air centres in neighbourhoods with the strongest demographics in Canada.
First Capital Real Estate Investment Trust is a Canada-based open-ended mutual fund trust. The Company owns, operates and develops grocery-anchored, open-air centers in neighborhoods with various demographics in Canada. The Company targets specific urban and suburban neighborhoods, which are located in Toronto, Montreal, Vancouver, Edmonton, Calgary, and Ottawa. Its portfolio of properties include Shops at King Liberty, 3080 Yonge Street, 2150 Lake Shore Boulevard West, Avenue and Lawrence Assets, Bayside Village, Leaside Village, Olde Oakville Market Place, Rutherford Marketplace, Edmonton Brewery District, King High Line, York Mills Gardens, False Creek Village, Carre Lucerne, Shops at New West, Wilderton Centre, One Bloor East, 775 King Street West, Yorkville Village, 78-100 Yorkville Avenue, 101 Yorkville Avenue, and 102-108 Yorkville Avenue. Its properties also include 897-901 Eglinton Avenue West, Griffintown-100 Peel, and Griffintown-1000 Wellington Street, among others.