Allied Properties Real Estate Investment Trust Announces Temporary Waiver of Black-Out Policy
22 Décembre 2008 - 6:26PM
Marketwired
Allied Properties REIT (TSX: AP.UN) announced today that the
Trustees of the REIT have approved a temporary partial waiver of
the REIT's black-out policy that applies to trustees, management,
staff and other related parties.
Under the temporary partial waiver, trustees, management, staff
and other related parties will be permitted to purchase units
provided that they are not in possession of material non-public
information relating to the REIT. The Trustees have taken steps in
light of conditions in the financial and stock markets, which have
resulted in what the REIT believes is a significant and unwarranted
drop in the trading price of its units.
The black-out policy restricts the ability of the REIT's
trustees, management, staff and other related parties to purchase
or sell units of the REIT during certain periods, such as when the
REIT is engaged in the preparation of its quarterly or annual
financial statements. The temporary partial waiver of the black-out
policy is effective through February 12, 2009, being four weeks
prior to the proposed date of the release of the fourth quarter and
annual results for the REIT.
Allied Properties REIT is the leading owner and manager of Class
I office properties in Canada, with portfolio assets in the urban
areas of Toronto, Montreal, Winnipeg, Quebec City and Kitchener.
The objectives of the REIT are to provide stable and growing cash
distributions to unitholders and to maximize unitholder value
through effective management and accretive portfolio growth.
Contacts: Allied Properties Real Estate Investment Trust Michael
R. Emory President and Chief Executive Officer (416) 977-9002
Email: memory@alliedpropertiesreit.com
Allied Properties Real E... (TSX:AP.UN)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
Allied Properties Real E... (TSX:AP.UN)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024