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Fidelity Investments Canada ULC announces final valuation of Fidelity Emerging Markets Fund
Fidelity Investments Canada ULC announces final valuation of Fidelity Emerging Markets Fund

Globe and Mail

time4 days ago

  • Business
  • Globe and Mail

Fidelity Investments Canada ULC announces final valuation of Fidelity Emerging Markets Fund

TORONTO , May 29, 2025 /CNW/ - Fidelity Investments Canada ULC ("Fidelity") today announced the final valuation of Fidelity Emerging Markets Fund - ETF Series (Ticker: FCEM) that was terminated as of market close on May 27, 2025 . As part of the limited closure (also known as a 'soft cap') of Fidelity Emerging Markets Fund and Fidelity Emerging Markets Class, Fidelity made the decision to terminate Fidelity Emerging Markets Fund - ETF Series and voluntarily delisted the ETF Series from the Toronto Stock Exchange as of the market close on May 27, 2025 , with final payments to unitholders being made on May 29, 2025 . The final net asset value ("NAV") per unit of the ETF Series is as follows: The net assets of the terminated ETF Series will be distributed today pro rata among the remaining unitholders. No action is required by unitholders to receive the final payment. About Fidelity Investments Canada ULC At Fidelity Investments Canada, our mission is to build a better future for our clients. Our diversified business serves financial advisors, wealth management firms, employers, institutions and individuals. As the marketplace evolves, we are constantly innovating and offering our clients choice of investment and wealth management products, services and technological solutions all backed by the global strength and scale of Fidelity. With assets under management of $291 billion (as at May 15, 2025 ), Fidelity Investments Canada is privately held and committed to helping our diverse clients meet their goals over the long term. Fidelity funds are available through financial advisors and online trading platforms. Read a fund's prospectus and consult your financial advisor before investing. Exchange-traded funds are not guaranteed; their values change frequently and past performance may not be repeated. Commissions, management fees, brokerage fees and expenses may all be associated with investments in exchange-traded funds and investors may experience a gain or loss. Find us on social media @FidelityCanada

American Hotel Income Properties REIT LP Provides Update On Voting And Notes Adjustment To Its Management Information Circular
American Hotel Income Properties REIT LP Provides Update On Voting And Notes Adjustment To Its Management Information Circular

Globe and Mail

time5 days ago

  • Business
  • Globe and Mail

American Hotel Income Properties REIT LP Provides Update On Voting And Notes Adjustment To Its Management Information Circular

VANCOUVER, British Columbia, May 27, 2025 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP ('AHIP') (TSX: TSX: HOT.U, TSX: announces that due to the ongoing labour dispute between the Canadian Union of Postal Workers and Canada Post some unitholders may experience a delay in receiving the proxy-related materials for the annual and special meeting of unitholders scheduled to be held on June 26, 2025 (the "Meeting") and may not receive such materials prior to the Meeting. The Meeting materials have been filed under AHIP's profile on SEDAR+ and are available at as well as on the following page of AHIP's website: Unitholders will still be able to vote their units either directly by proxy (for registered unitholders) or indirectly through their intermediary (for beneficial unitholders who hold their units through brokerage firms or other intermediaries). Instructions respecting voting can be obtained as outlined below. If you are a registered unitholder, please contact Computershare Investor Services Inc. at 1-800-564-6253 to obtain your proxy form control number to cast your vote for the upcoming Meeting. If you hold units through an intermediary such as a brokerage firm, please contact your intermediary directly for a copy of the voting instruction form and assistance with voting. The deadline for voting by proxy for the Meeting is 11:00 a.m. (Pacific time) on June 24, 2025. AHIP is also advising unitholders of an adjustment to its Management Information Circular dated May 15, 2025 (the 'Circular') which has been mailed to unitholders for use in connection with the Meeting. On pages 22 and 44 of the Circular it was reported that as of May 15, 2025: (i) the total number of units reserved for issuance under the Amended and Restated Securities-Based Compensation Plan of AHIP dated May 11, 2022 (the 'SBC Plan') was 4,355,078, representing approximately 5.58% of the issued and outstanding units on a non-diluted basis, of which 2,155,078 (assuming the maximum payout of 200% on the restricted stock units ('RSUs') previously granted as performance awards which were outstanding on May 15, 2025) were full value awards and 2,200,000 were unit-options; and (ii) 3,452,191 units were eligible to be issued under the SBC Plan representing 4.42% of AHIP's issued and outstanding units on a non-diluted basis, of which 1,748,556 were eligible to be issued as full value awards, representing 2.24% of AHIP's issued and outstanding units on a non-diluted basis. When calculating such amounts certain of the previously issued RSUs granted as performance awards were included on the basis of an assumed 100% payout rather than the potential maximum payout of 200%. After adjusting for an assumed maximum payout of 200% for all RSUs previously issued as performance awards, as of May 15, 2025: (i) the total number of units reserved for issuance under the SBC Plan was 5,174,399, representing approximately 6.63% of the issued and outstanding units on a non-diluted basis, of which 3,024,399 (assuming the maximum payout of 200% on the RSUs previously granted as performance awards which were outstanding on May 15, 2025) were full value awards and 2,150,000 were unit-options; and (ii) 2,632,870 units were eligible to be issued under the SBC Plan representing 3.37% of AHIP's issued and outstanding units on a non-diluted basis, of which 879,235 were eligible to be issued as full value awards, representing 1.13% of AHIP's issued and outstanding Units on a non-diluted basis. American Hotel Income Properties REIT LP (TSX: TSX: HOT.U, TSX: or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP's portfolio of premium branded, select-service hotels are located in secondary metropolitan markets that benefit from diverse and stable demand. AHIP hotels operate under brands affiliated with Marriott, Hilton, IHG and Choice Hotels through license agreements. AHIP's long-term objectives are to increase the value of its hotel properties through operating excellence, active asset management and value-adding capital expenditures and increase unitholder value and distributions to unitholders. More information is available at

Dream Residential REIT Announces May 2025 Monthly Distribution
Dream Residential REIT Announces May 2025 Monthly Distribution

Globe and Mail

time21-05-2025

  • Business
  • Globe and Mail

Dream Residential REIT Announces May 2025 Monthly Distribution

DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U and TSX: ('Dream Residential REIT' or the 'REIT') today announced its May 2025 monthly distribution in the amount of US$0.035 per unit (US$0.42 annualized). The May distribution will be payable on June 13, 2025 to unitholders of record as at May 30, 2025. About Dream Residential REIT Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns a portfolio of garden-style multi-residential properties, primarily located in three markets across the Sunbelt and Midwest regions of the United States. For more information, please visit

Dream Industrial REIT Announces May 2025 Monthly Distribution
Dream Industrial REIT Announces May 2025 Monthly Distribution

National Post

time21-05-2025

  • Business
  • National Post

Dream Industrial REIT Announces May 2025 Monthly Distribution

Article content TORONTO — DREAM INDUSTRIAL REIT (TSX: (the 'Trust') announced today its May 2025 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The May distribution will be payable on June 13, 2025 to unitholders of record as at May 30, 2025. Article content Article content Dream Industrial REIT is an owner, manager, and operator of a global portfolio of well-located, diversified industrial properties. As at March 31, 2025, Dream Industrial REIT has an interest in and manages a portfolio which comprises 336 industrial assets (549 buildings) totalling approximately 72.6 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT's objective is to deliver strong total returns to its unitholders through secure distributions as well as growth in net asset value and cash flow per unit underpinned by its high-quality portfolio and an investment grade balance sheet. Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. For more information, please visit our website at Article content Article content Article content Article content Contacts Article content For further information, please contact: Article content Article content

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