Included in the mailing is Dundee REIT's offer to purchase
and take-over bid circular and the Whiterock trustees'
circular unanimously recommending that Whiterock unitholders
vote for the acquisition. Pursuant to the transaction,
Whiterock unitholders will have the option to receive
$16.25 in cash, or remain invested in the combined entity and
receive 0.4729 Dundee REIT units per Whiterock unit, subject
to proration.
In addition to obtaining the approval of more than two-thirds
of Whiterock unitholders voting at the Meeting, the
transaction is subject to obtaining customary regulatory
approvals (including under the Competition Act) and required
consents and the satisfaction of other customary closing
conditions. Dundee REIT's offer is scheduled to expire at
12:01 a.m. (local time) on March 2, 2012, unless the offer is
extended or withdrawn by Dundee REIT in accordance with the
terms of the agreement between Dundee REIT and Whiterock and
applicable law.
The following are the details for the Meeting: Date: February
27, 2012
Time: 10:00 a.m. (Eastern time)
Location: The Ritz-Carlton Toronto, 181 Wellington St. W.,
Toronto, Ontario in the Wellington
Ballroom
Proxies to be used at the Meeting must be deposited with
Whiterock c/o CIBC Mellon Trust
Company, P.O. Box 721, Agincourt, Ontario, M1S 0A1, Attn:
Proxy Department, Fax: (416) 368-
2502, not later than 10:00 a.m. (Eastern time) on February
23, 2012.
Whiterock unitholders may obtain a copy of Dundee REIT's
offer and take-over bid circular, Whiterock's trustees'
circular and information circular, the letter of transmittal,
form of proxy and other materials under Whiterock's SEDAR
profile at www.sedar.comor from Laurel Hill Advisory Group at
1-877-452-7184 or 416-304-0211 (collect calls accepted).
If Whiterock unitholders have questions or need assistance in
depositing their units under Dundee REIT's offer or voting
their units at the Meeting, please call Laurel Hill Advisory
Group at one of the numbers above.
Dundee REIT is an unincorporated, open-ended real estate investment trust and provides high quality, affordable business premises. It is focused on owning, acquiring, leasing and managing mid-sized urban and suburban office and industrial properties. Dundee REIT's portfolio currently
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consists of approximately 19.3 million square feet of gross leasable area, located across Canada. Dundee REIT's portfolio is well diversified by geographic location and tenant mix. For more information, please visit www.dundeereit.com.
About Whiterock REIT
Whiterock is a growth-oriented diversified commercial REIT
with a wholly-owned and co-owned aggregate real estate
portfolio totalling approximately 10.8 million square feet of
gross leasable area across 88 properties, geographically
diversified across 8 Canadian provinces and two U.S. states.
For more information, please visit www.whiterockreit.ca.
For further information, please contact:
Michael J. Cooper Mario Barrafato
Vice Chairman and Chief Executive Officer Senior
Vice-President and Chief Financial Officer
(416) 365-5145 (416) 365-4132 mcooper@dundeereit.com
mbarrafato@dundeereit.com
Jason Underwood Kursat Kacira
Chief Executive Officer Chief Financial Officer
(416) 907-4861 junderwood@whiterock.ca
(416) 572-0427 kkacira@whiterockreit.ca
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distribué par | Ce noodl a été diffusé par Whiterock Real Estate Investment Trust et initialement mise en ligne sur le site http://www.whiterockreit.ca. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-27 16:57:34 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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Dundee REIT and Whiterock REIT Commence Mailing of Offer and Management Information Circular and Related Documents |