Dream Office Real Estate Investment Trust Confirms Effective Date of Unit Consolidation
At markets close as of
Registered unitholders were mailed a letter of transmittal from the REIT’s transfer agent,
The exercise prices and the number of REIT A Units or Special Trust Units, as the case may be, issuable upon the exercise or deemed exercise of any deferred units or other convertible or exchangeable securities of the REIT have been automatically proportionately adjusted based on the consolidation ratio to reflect the Unit Consolidation.
The general partner of
Further details on the Unit Consolidation are contained in the management information circular of the REIT dated
About
Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown
Forward Looking Information
This press release may contain forward-looking information within the meaning of applicable securities legislation, including, but not limited to, statements with respect to the timing and completion of the Unit Consolidation and the expected date that the REIT A Units will begin trading on a post consolidation basis on the TSX. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the REIT’s control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to: adverse changes in general economic and market conditions; risks associated with unexpected or ongoing geopolitical events, including disputes between nations, terrorism or other acts of violence, and international sanctions; inflation; and the risk of adverse global market, economic and political conditions and health crises. Our objectives and forward-looking statements are based on certain assumptions with respect to our markets, including that the general economy remains stable; the gradual recovery and growth of the general economy continues over 2024; and that no unforeseen changes in the legislative and operating framework for our business will occur. Additional information about these assumptions and risks and uncertainties is disclosed in the REIT’s filings with securities regulators filed on the System for Electronic Document Analysis and Retrieval + (www.sedarplus.com), including its latest annual information form and management’s discussion and analysis. These filings are also available at the REIT’s website at www.dreamofficereit.ca.
All forward-looking information in this press release speaks as of the date of this press release. Dream Office REIT does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240222309097/en/
For further information, please contact:
Dream Office REIT
Chairman and Chief Executive Officer
(416) 365-5145
mcooper@dream.ca
Chief Financial Officer
(416) 365-6638
jjiang@dream.ca
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