DANIEL DRIMMER, CHAIRMAN OF NORTHVIEW RESIDENTIAL REIT, ANNOUNCES RECEIPT OF EXEMPTIVE RELIEF, INTENTION TO PURCHASE CLASS A UNITS PURSUANT TO TAKEOVER BID EXEMPTION
DANIEL DRIMMER, CHAIRMAN OF NORTHVIEW RESIDENTIAL REIT, ANNOUNCES RECEIPT OF EXEMPTIVE RELIEF, INTENTION TO PURCHASE CLASS A UNITS PURSUANT TO TAKEOVER BID EXEMPTION
/NOT FOR DISSEMINATION IN THE UNITED STATES/
/不用於在美國傳播/
TORONTO, May 13, 2024 /CNW/ - Mr. Daniel Drimmer ("Mr. Drimmer") announced today that he has received exemptive relief from the Alberta Securities Commission permitting Mr. Drimmer and his affiliates, together with persons acting jointly or in concert with him, to exclude the trust units of Northview Residential REIT (the "REIT") acquired or deemed to be acquired indirectly by Mr. Drimmer pursuant to the REIT's recapitalization event in August 2023 from the thresholds set out in the "Normal Course Purchase Exemption" in National Instrument 62-104 – Take-Over Bids and Issuer Bids (the "NCPE"). Accordingly, Mr. Drimmer will be permitted to utilize the NCPE to acquire additional Class A trust units (the "Class A Units") of the REIT in the open market without triggering a takeover bid requirement so long as the acquisitions within any 12-month period do not exceed 5% of the securities of that class outstanding at the beginning of the 12-month period.
多倫多，2024 年 5 月 13 日 /CNW/-丹尼爾·德里默先生（”德里默先生“）今天宣佈，他已獲得艾伯塔省證券委員會的豁免救濟，允許德里默先生及其關聯公司以及與他共同或共同行事的人員將Northview住宅房地產投資信託基金的信託單位排除在外（”房地產投資信託基金“) 根據房地產投資信託基金在2023年8月的資本重組活動，從國家儀器62-104中 “正常購買豁免” 中規定的門檻收購或被德里默先生間接收購— 收購出價和發行人出價 （那個”NCPE“）。因此，德里默先生將被允許利用NCPE收購額外的A類信託單位（”A 類單位“）房地產投資信託基金在公開市場上進行收購，只要在任何12個月期限內的收購不超過12個月期初該類別已發行證券的5％，就不會觸發收購要約要求。
As a result of receiving this exemptive relief, Mr. Drimmer also announced today his intention to purchase up to 5% of the issued and outstanding Class A Units on the open market in order to take advantage of opportunities to purchase Class A Units at attractive prices and to provide liquidity to the market.
由於獲得了這項豁免減免，德里默今天還宣佈，他打算在公開市場上購買高達5％的已發行和流通的A類單位，以利用機會以有吸引力的價格購買A類單位，併爲市場提供流動性。
Mr. Drimmer's beneficial ownership or, and control or direction over units of the REIT and its subsidiaries is for investment purposes and is intended to further align his interests with those of the REIT's other unitholders. Mr. Drimmer may acquire additional units of the REIT or may dispose of any or all of the beneficially held units from time to time through, among other things, the purchase or sale of units on the open market or in private transactions or otherwise, on such terms and at such times as Mr. Drimmer may deem advisable depending upon an ongoing evaluation of the units of the REIT, the REIT, prevailing market conditions, the availability of units at prices that would make the purchase or sale of units desirable, other investment opportunities, liquidity requirements of Mr. Drimmer and/or other considerations.
德里默先生的實益所有權或對房地產投資信託基金及其子公司單位的控制權或指導僅用於投資目的，旨在進一步使其利益與房地產投資信託基金其他單位持有人的利益保持一致。德里默先生可以收購房地產投資信託基金的更多單位，也可以通過在公開市場或私下交易或其他方式不時處置任何或全部實益持有的單位，其條件和時間取決於對房地產投資信託基金、房地產投資信託基金單位的持續評估、當前的市場狀況以及按以下價格出售的單位的供應情況將使購買或出售單位成爲可取的，其他投資機會，流動性要求Drimmer 先生和/或其他考慮因素。
SOURCE Daniel Drimmer
來源 Daniel Drimmer
譯文內容由第三人軟體翻譯。