{"id":11776,"date":"2024-06-03T18:42:01","date_gmt":"2024-06-03T23:42:01","guid":{"rendered":"https:\/\/1reason.com\/re\/flagship-communities-reit-reports-voting-results-from-2024-annual-meeting-of-unitholders\/11776\/"},"modified":"2024-06-04T13:42:02","modified_gmt":"2024-06-04T18:42:02","slug":"flagship-communities-reit-reports-voting-results-from-2024-annual-meeting-of-unitholders","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/flagship-communities-reit-reports-voting-results-from-2024-annual-meeting-of-unitholders\/11776\/","title":{"rendered":"Flagship Communities REIT Reports Voting Results From 2024 Annual Meeting of Unitholders"},"content":{"rendered":"<div> Voting results for the individual trustees of the REIT are as follows: <\/p>\n<table style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:25%;width:25%;min-width:25%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top;vertical-align: bottom\"><strong>Director<\/strong><\/td>\n<td style=\"max-width:25%;width:25%;min-width:25%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top;vertical-align: bottom\"><strong>Number of Votes <\/strong><br \/><strong>FOR<\/strong><\/td>\n<td style=\"max-width:25%;width:25%;min-width:25%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top;vertical-align: bottom\"><strong>Number of Votes <\/strong><br \/><strong>Withheld<\/strong><\/td>\n<td style=\"max-width:25%;width:25%;min-width:25%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top;vertical-align: bottom\"><strong>Percentage of Votes Cast<br \/>FOR Matter<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top;vertical-align: bottom\">Peter C.B. Bynoe<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">11,312,950<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">917,167<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">92.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top;vertical-align: bottom\">Louis M. Forbes<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">12,137,119<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">92,998<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">99.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top;vertical-align: bottom\">Kurtis Keeney<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">12,229,917<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">200<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">100%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top;vertical-align: bottom\">J. Susan Monteith<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">10,669,815<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">1,560,302<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">87.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top;vertical-align: bottom\">Andrew Oppenheim<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">12,219,325<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">10,792<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">99.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top;vertical-align: bottom\">Ann Rooney<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">12,134,219<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">95,898<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">99.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top;vertical-align: bottom\">Nathan Smith<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">12,220,525<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">9,592<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle;vertical-align: bottom\">99.9%<\/td>\n<\/tr>\n<\/table>\n<p>At the Meeting, a resolution re-appointing MNP LLP as auditor of the REIT for the ensuing year and authorizing the Board of Trustees of the REIT to fix their remuneration, as more particularly described in the REIT\u2019s management information circular dated March 14, 2024 (the \u201cCircular\u201d), was passed as an ordinary resolution of unitholders by a majority on a vote conducted by way of ballot. The results of the ballot were 12,138,150 votes (99.2%) voting in favour of the resolution. In addition, a resolution in respect of the approval and confirmation of all unallocated awards issuable under the REIT\u2019s omnibus equity incentive plan, as more particularly described in the Circular, was also passed as an ordinary resolution of unitholders by a majority on a vote conducted by way of ballot. The results of the ballot were 11,308,122 votes (92.5%) voting in favour of the resolution.<\/p>\n<p>The REIT is also pleased to announce that a non-binding advisory resolution on the REIT\u2019s approach to executive compensation, as more particularly described in the Circular, was passed as an ordinary resolution of unitholders by a majority on a vote conducted by way of ballot. The results of the ballot were 12,201,308 votes (99.8%) voting in favour of the \u2018Say-on-Pay\u2019 resolution.<\/p>\n<p>Final results on all matters voted on at the Meeting will be filed shortly with the Canadian securities regulators.<\/p>\n<p><strong>About Flagship Communities Real Estate Investment Trust <\/strong><\/p>\n<p align=\"justify\">Flagship Communities Real Estate Investment Trust is a leading operator of affordable residential Manufactured Housing Communities primarily serving working families seeking affordable home ownership. The REIT owns and operates exceptional residential living experiences and investment opportunities in family-oriented communities in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois. To learn more about Flagship, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=87S79qALjWZyIi4_mE4L6CwYNx6JqsjmtP3hE7ploVRGILT-iMVWrPg-lNQOu5vVOa9gb2KiiXjgFI2KSb5OqDmShpSAhu8RyMYNWntkgn5P8XgbJgXBZfPxx5J4L0r-\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.flagshipcommunities.com\">www.flagshipcommunities.com<\/a>.<\/p>\n<p><strong>For further information, please contact:<\/strong><\/p>\n<p>Eddie Carlisle, Chief Financial Officer<br \/>Flagship Communities Real Estate Investment Trust<br \/>Tel: +1 (859) 568-3390<\/p>\n<p><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/ZDZjNTQ1ZGQtNWFiNC00NDMyLThiZTctODJlMTA0YTY2ODhmLTEyNjU0MTA=\/tiny\/Flagship-Communities-Real-Esta.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"center\">Not for distribution to U.S. newswire services or dissemination in the United States.<\/p>\n<p align=\"justify\">TORONTO, May 08, 2024 (GLOBE NEWSWIRE) &#8212; Flagship Communities Real Estate Investment Trust (\u201cFlagship\u201d or the \u201cREIT\u201d) (TSX: MHC.U) (TSX: MHC.UN) today announced that each of the seven individuals nominated for election as a trustee of Flagship at the REIT\u2019s Annual Meeting of Unitholders held onMay 8, 2024(the &#8220;Meeting&#8221;), was elected.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/11776"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=11776"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/11776\/revisions"}],"predecessor-version":[{"id":11805,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/11776\/revisions\/11805"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=11776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=11776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=11776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}