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TORONTO, May 13, 2020 /CNW/ - Inovalis Real Estate Investment Trust (the "REIT") (TSX: INO.UN)
The REIT announced today that each of the trustee nominees listed in the management information circular of the REIT dated March 24, 2020 were elected as trustees of the REIT at the annual and special meeting of unitholders held on May 13, 2020. Voting results for the individual trustees of the REIT are as follows:
| Number of Units Voted For | Percentage of Units Voted For | Number of Units Withheld from Voting | Percentage of Units Withheld from Voting |
Stéphane Amine | 8,891,654 | 92.2% | 747,757 | 7.8% |
Daniel Argiros | 9,598,521 | 99.6% | 40,890 | 0.4% |
Jean-Daniel Cohen | 7,857,847 | 81.5% | 1,781,564 | 18.5% |
Jo-Ann Lempert | 7,920,361 | 82.2% | 1,719,050 | 17.8% |
Michael Lagopoulos | 7,897,592 | 81.9% | 1,741,819 | 18.1% |
Marc Manasterski | 9,597,371 | 99.6% | 42,040 | 0.4% |
Michael Missaghie | 9,606,471 | 99.7% | 32,940 | 0.3% |
Robert J. Picard | 9,593,770 | 99.5% | 45,641 | 0.5% |
The resolution to re-appoint EY, LLP as the auditors of the REIT for the ensuing year and authorizing the trustees to fix the remuneration to be paid to the auditors was approved by 99.8% of the votes, and the resolution to approve the Rights Plan was approved by 99.5% of the votes.
ABOUT INOVALIS REAL ESTATE INVESTMENT TRUST
Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria.
SOURCE Inovalis Real Estate Investment Trust
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