DOCSLIB.ORG

First Capital Realty Inc

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
First Capital Realty Inc TM FIRST CAPITAL REALTY INC. NOTICE OF SPECIAL MEETING OF SHAREHOLDERS AND MANAGEMENT INFORMATION CIRCULAR SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON DECEMBER 10, 2019 This Management Information Circular requires your immediate attention. If you are in doubt as to how to deal with this document, the documents referred to herein or the matters to which they refer, please consult your professional advisors. YOUR VOTE IS VERY IMPORTANT. PLEASE VOTE TODAY. October 25, 2019 85 Hanna Avenue, Suite 400, Toronto, Ontario M6K 3S3 T 416.504.4114 F 416.941.1655 TF 1.877.504.4114 www.fcr.ca October 25, 2019 Dear Fellow Shareholder: We are pleased to invite you to attend a special meeting (the “Meeting”) of the holders (“Shareholders”) of common shares (the “Common Shares”) of First Capital Realty Inc. (the “Company”) to be held at the offices of Torys LLP, 79 Wellington Street West, 33rd Floor, TD South Tower, Toronto, Ontario, Canada, M5K 1N2 on December 10, 2019 at 10:00 a.m. (Toronto time). At the Meeting you will be asked to approve a plan of arrangement (the “Arrangement”) under Section 182 of the Business Corporations Act (Ontario) (the “OBCA”) to convert the Company into a publicly traded real estate investment trust named First Capital Real Estate Investment Trust (the “REIT”). The accompanying notice of special meeting (the “Notice of Meeting”) and the management information circular (the “Circular”) contain a detailed description of the Arrangement and set forth the actions to be taken by you at the Meeting. You should carefully consider all of the relevant information in the Notice of Meeting and the Circular and consult with your financial, legal or other professional advisors if you require assistance. Upon completion of the Arrangement, the REIT will carry on indirectly all of the business and activities currently carried on by the Company, all of the directors of the Company will serve as the initial trustees of the REIT, all officers of the Company will serve as the officers of the REIT and the REIT will become co-principal debtor, with the Company, of the Company’s outstanding senior unsecured indebtedness. Despite the structural changes described in the Arrangement, the proposed REIT structure will not result in a change in the Company’s strategy, portfolio or operations. The strategy of the REIT will remain consistent with the Company’s previously disclosed super urban strategy. We understand that the Company’s dividends are important to Shareholders. The conversion to a REIT will not change the rate of annual distributions to investors. The REIT’s distribution policy will remain consistent with the Company’s current dividend policy except that distributions will be paid monthly rather than quarterly. The initial monthly distribution of $0.0716 per REIT Unit will be declared on or prior to December 31, 2019 to unitholders of record on December 31, 2019 and is expected to be paid in January 2020. Following this, the REIT expects to pay monthly distributions of $0.0716, or $0.86 per REIT Unit on an annualized basis, the same level as the Company’s current annual dividend rate per Common Share. In lieu of the Company’s fourth quarter 2019 dividend, the REIT intends to declare three monthly distributions which includes the initial distribution that will be paid in January, and subsequent distributions that will be paid in February and March, 2020. After careful consideration, the board of directors of the Company (the “Board”) unanimously has determined, based upon consultation with its legal and financial advisors, and based in part on the fairness opinion received from Blair Franklin Capital Partners Inc., as described in the Circular, that the Arrangement is in the best interests of the Company and recommends that Shareholders vote FOR the Arrangement. The determination of the Board is based on various factors described more fully in the accompanying Notice of Meeting and Circular and includes the following anticipated benefits that the Company believes will enhance long-term shareholder value: • Expanding the Company’s investor base and profile through inclusion in various REIT-specific indices, REIT ETFs and REIT- dedicated investment funds; • Enhancing comparability with the Company’s peers; and • Providing a more efficient vehicle to deliver the benefits of urban real estate ownership from the Company’s business to investors. Each member of the Board has agreed to vote his or her Common Shares in favour of the Arrangement. - i - Completion of the Arrangement is subject to the satisfaction of certain conditions, including approval by Shareholders as described in the Circular. If such approvals are obtained and the other conditions to the completion of the Arrangement are satisfied or waived, closing of the Arrangement is expected to occur on December 30, 2019. Your vote is important. We urge you to vote FOR the Arrangement. The details of the Arrangement and the Meeting are described in the accompanying Notice of Meeting and Circular. Yours truly, FIRST CAPITAL REALTY INC. “Bernard McDonell” Bernard McDonell Chairman of the Board - ii - TM NOTICE OF SPECIAL MEETING OF SHAREHOLDERS You are invited to a special meeting (the “Meeting”) of the holders (“Shareholders”) of common shares (including common shares represented by Instalment Receipts (as defined herein), the “Common Shares”) of First Capital Realty Inc. (the “Company”): When Where Tuesday, December 10, 2019 Torys LLP 10:00 a.m. (Toronto time) 79 Wellington Street West, 33rd Floor TD South Tower, Toronto, Ontario, M5K 1N2 Business of the Meeting 1. To consider, pursuant to an interim order (the “Interim Order”) of the Ontario Superior Court of Justice dated October 25, 2019, and to vote on, with or without variation, a special resolution (the “Arrangement Resolution”), the full text of which is set out in Appendix B to the accompanying management information circular (the “Circular”), approving a plan of arrangement (the “Arrangement”) under Section 182 of the Business Corporations Act (Ontario) (the “OBCA”) providing for, among other things, the conversion of the Company to a publicly traded real estate investment trust named First Capital Real Estate Investment Trust (the “REIT”), all as more particularly described in the Circular; and 2. To consider other business that may properly come before the Meeting or any adjournment(s) or postponement(s) thereof. Your vote is important. You can vote by proxy (or voting instruction form, as applicable) if you are unable to attend the Meeting and vote in person. The Circular explains the voting process and discusses the items of business in more detail. The Circular which accompanies this Notice of Special Meeting of Shareholders provides information regarding the business to be considered at the Meeting and includes the full text of the Arrangement Resolution attached thereto as Appendix B. Record Date You have the right to vote if you held Common Shares as at the close of business on October 25, 2019, including Common Shares represented by Instalment Receipts. Beneficial and Registered Shareholders You are a beneficial shareholder (also known as a non-registered shareholder) (a “Beneficial Shareholder”) if you beneficially own Common Shares (including Common Shares represented by Instalment Receipts) that are held in the name of an intermediary such as a bank, trust company, securities broker, trustee, depository, clearing agency (such as CDS Clearing and Depository Services Inc.) or other intermediary. For example, you are a Beneficial Shareholder if your Common Shares (including Common Shares represented by Instalment Receipts) are held in a brokerage account of any type. You are a registered shareholder (a “Registered Shareholder”) if you hold a paper share certificate evidencing Common Shares and your name appears directly on your share certificate. Voting Beneficial Shareholders should complete and submit the voting instruction form in accordance with the directions on the form. Voting instruction forms can be completed and submitted using the following options: - iii - INTERNET: www.proxyvote.com TELEPHONE: 1-800-474-7493 (English) or 1-800-474-7501 (French) MAIL: Data Processing Centre, P.O. Box 3700, STN Industrial Park, Markham, Ontario, L3R 9Z9 Voting instructions must be received at least one business day in advance of the proxy deposit date noted on your voting instruction form. If a Beneficial Shareholder wishes to vote at the Meeting in person (or have another person attend and vote on such Shareholder’s behalf), he or she must complete the voting instruction form in accordance with the directions provided and a form of proxy giving the right to attend at the Meeting in person and vote will be forwarded to such Beneficial Shareholder. Registered Shareholders who are unable to be present at the Meeting should exercise their right to vote by completing and submitting the form of proxy in accordance with the directions on the form. Forms of proxy may also be completed and submitted by telephone or through the internet at www.investorvote.com. Computershare Trust Company of Canada, the Company’s transfer agent and registrar, must receive completed proxies not later than 10:00 a.m. (Toronto time) on December 6, 2019 or, if the Meeting is adjourned or postponed, 48 hours (excluding Saturdays, Sundays and statutory holidays) before any adjourned or postponed meeting. Registered Shareholders have the right to dissent with respect to the Arrangement, if the Arrangement becomes effective, and to be paid the fair value of their Common Shares in accordance with the Interim Order. A Shareholder’s right to dissent is more particularly described in the Circular. Failure to strictly comply with the requirements set forth in the Interim Order may result in the loss of any right of dissent. See the section entitled “The Arrangement – Dissent Rights” in the Circular and Appendix E to the Circular.
Load more

Recommended publications
  • Apr 21 Management Information Circular
    SLATE GROCERY REIT NOTICE OF ANNUAL MEETING OF UNITHOLDERS to be held on May 11, 2021 and MANAGEMENT INFORMATION CIRCULAR Dated March 24, 2021 SLATE GROCERY REIT March 24, 2021 Dear fellow unitholders of Slate Grocery REIT: You are invited to attend an annual meeting (the “Meeting”) of the holders (“Unitholders”) of class A units, class I units, class U units and special voting units of Slate Grocery REIT (the “REIT”) to be held on May 11, 2021 at 11:30 a.m. (Eastern Daylight Time). This year, out of an abundance of caution, to proactively deal with the public health impact of the Coronavirus outbreak, also known as COVID-19, and to mitigate the risks to the health and safety of our communities, Unitholders, employees and other stakeholders, we will hold the Meeting in a virtual only format, which will be conducted via live webcast. At the Meeting, Unitholders will be asked to vote on: (i) an ordinary resolution re-appointing Deloitte LLP as the auditors of the REIT for the ensuing year and authorizing the trustees of the REIT to fix the remuneration of such auditors; and (ii) an ordinary resolution electing Colum Bastable, Thomas Farley, Patrick Flatley, Marc Rouleau, Andrea Stephen, Blair Welch and Brady Welch as the trustees of the REIT for the ensuing year. At the Meeting, you will hear about the REIT's direction and plans for the coming year. You will also be able to ask questions of the board of trustees and management. The accompanying management information circular describes the business to be conducted at the Meeting and also describes the REIT's governance practices.
    [Show full text]
  • Management Information Circular & Notice of Annual Meeting of Unitholders to Be Held on June 22, 2021
    MANAGEMENT INFORMATION CIRCULAR & NOTICE OF ANNUAL MEETING OF UNITHOLDERS TO BE HELD ON JUNE 22, 2021 MAY 13, 2021 May 13, 2021 Dear Fellow Unitholder: We are pleased to invite you to attend the 2021 Annual Meeting of Unitholders of First Capital Real Estate Investment Trust on Tuesday, June 22, 2021 at 10:00 a.m. (Toronto time). This year, out of an abundance of caution, to proactively address the unprecedented public health impact of COVID‐19, and to mitigate risks to the health and safety of our communities, unitholders, colleagues and other stakeholders, we will hold our annual meeting in a virtual only format, which will be conducted via live webcast. At the virtual annual meeting, regardless of geographic location, Unitholders will have an opportunity to listen, participate and vote through a web‐based platform instead of attending the meeting in person. Inside this document, you will find important information and detailed instructions about how to participate at our virtual annual meeting. The purpose of the meeting will be to conduct our regular annual meeting business as described in the Notice of 2021 Annual Meeting of Unitholders. Your vote is important. This Management Information Circular in respect of the meeting contains important information about voting, the nominated trustees, our governance practices and how we compensate our trustees and executives. You may vote by either attending the virtual meeting or by completing and sending in your proxy form. Voting by proxy (or voting instruction form, as applicable) is an easy way to vote – just follow the instructions for submitting your proxy by mail, internet or telephone.
    [Show full text]
  • Annual Information Form 2014
    SLATE GROCERY REIT ANNUAL INFORMATION FORM For the Year Ended December 31, 2020 Dated February 23, 2021 TABLE OF CONTENTS INFORMATION ..................................................................................................................................................... 1 FORWARD-LOOKING STATEMENTS ................................................................................................................ 1 NON-IFRS MEASURES ....................................................................................................................................... 2 ORGANIZATIONAL STRUCTURE ....................................................................................................................... 2 GENERAL DEVELOPMENT OF THE BUSINESS ............................................................................................... 4 DESCRIPTION OF THE BUSINESS .................................................................................................................... 5 Overview ........................................................................................................................................................ 5 Manager ......................................................................................................................................................... 6 Objectives....................................................................................................................................................... 6 Growth Strategies .........................................................................................................................................
    [Show full text]
  • Vanguard Total World Stock Index Fund Annual Report October 31, 2020
    Annual Report | October 31, 2020 Vanguard Total World Stock Index Fund See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports. Important information about access to shareholder reports Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report. If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com. You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.
    [Show full text]
  • Reliable. Durable. Growing
    Reliable. Durable. Growing. MANAGEMENT INFORMATION CIRCULAR Annual Meeting of Unitholders May 5, 2020 LETTER TO OUR UNITHOLDERS Dear Fellow Unitholders, We are pleased to invite you to our Annual Meeting of immediate financial benefits. Kevin Salsberg was promoted to Unitholders to be held at 10:00 a.m. EDT on May 5, 2020. Chief Operating Officer, reflecting the growth of our portfolio and his accountabilities for acquisitions, leasing, development Building on the strengths of our initial portfolio of primarily and operations. Under Lesley and Kevin’s leadership, we have free-standing single-tenant assets leased to Canadian added depth to the team and have grown our capabilities in Tire Corporation (CTC), CT REIT continues to feature high all aspects of the business, while continuing to maintain one of occupancy, low lease turnover and long weighted average the leanest cost structures in the sector. terms on our leases and our debt. These structural features, and the resulting strong financial performance, combined with We continue to work with CTC, our major tenant and majority the highest investment grade credit rating in the Canadian Unitholder, on the efficiency and sustainability of our existing REIT sector, distinguish CT REIT as Canada’s premier net portfolio, as well as on new investments and developments. lease REIT. As a member of the CTC family of companies, commitment to community and strong governance practices will always be Our strategies seek to reinforce and build on our inherent part of CT REIT’s DNA. strengths, which were once again reflected in our 2019 results, as CT REIT delivered a compelling combination of Our relationship with CTC is one of our most important attractive growth and strong financial metrics.
    [Show full text]
  • Top 10 Real INSIGHTS 2020 Montréal Real Estate Market
    Top 10 Real INSIGHTS 2020 Montréal Real Estate Market Powered by ISSUE 45 AltusGroup ISSUE 2020 Montreal Real Estate Market TOP 10 REAL INSIGHTS 45 1 2 3 INSIGHTS FROM MAJOR INFRASTRUCTURE DEMAND FOR OFFICE WAAS IN THETTIME OF INDUSTRY LEADERS INVESTMENT UNDERWAY SPACE SOARED IN 2019 COVID-19 DURING THE CONTENT IN THE GMA FORMATION OF MONTREAL Montréal has been the Absorption of over 3 M sq. Pandemic will likely thin out recipient of billions of dollars ft. of office space the highest a crowded field of flexible REAL ESTATE MARKET in investment to improve rate in almost 20 years. office suppliers. transportation infrastructure. 7 6 5 4 COVID-19 CHANGING MONTRÉAL IS A HUB OF CAPITAL HAS BEEN MONTRÉAL INDUSTRIAL CONSUMER BEHAVIOR DEVELOPMENT FLOODING INTO VACANCY RATE AT RECORD MONTRÉAL LOW LEVELS Disruption to the retail sector Vigorous demand for space Investment volumes were Montréal has become the third continues as the pandemic across sectors has resulted up significantly in 2019 as tightest major industrial market sweeps across the globe. in increased development institutional investors and after Toronto and Vancouver. across the city. REITs chased yield and solid market fundaments. 8 9 10 HOUSING RENTAL 2019 REPRESENTED FIFTH WEST ISLAND for further details VACANCY AT A 15 YEAR CONSECUTIVE RECORD- ATTRACTING MAJOR on these top trends LOW IN THE GMA BREAKING YEAR IN THE GMA NEW DEVELOPMENTS please visit the real HOUSING MARKET estate forums portal at realestateforums.com The apartment sector expected Momentum Continued into New REM stations are resulting to continue to perform well in 2020 – March represented in millions of dollars worth of the face of COVID-19.
    [Show full text]
  • 2019 Annual Report
    85 HANNA AVENUE, SUITE 400, TORONTO, ONTARIO M6K 3S3 2019 Annual Report FORWARD-LOOKING STATEMENT ADVISORY Certain statements contained in this MD&A constitute forward-looking statements. Other statements concerning First Capital’s objectives and strategies and Management’s beliefs, plans, estimates and intentions also constitute forward-looking statements. Forward-looking statements can generally be identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “project”, “expect”, “intend”, “outlook”, “objective”, “may”, “will”, “should”, “continue” and similar expressions. The forward-looking statements are not Unitholder Information historical facts but, rather, reflect First Capital’s current expectations regarding future results or events and are based on information currently available to Management. Certain material factors and assumptions were applied in providing these forward-looking statements. Forward-looking information involves numerous assumptions such as rental income (including assumptions on timing of lease-up, development coming online and levels of percentage rent), interest rates, tenant defaults, borrowing costs (including the underlying interest rates and credit spreads), the general availability of capital and the stability of the capital markets, the ability of the Trust to make loans at the same rate or in the same amount as repaid loans, amount of development costs, capital expenditures, operating costs and corporate expenses, level and timing of acquisitions of income-producing properties, the Trust’s ability to complete dispositions and the timing, terms and anticipated benefits of any such dispositions, the Trust’s ability to redevelop, sell or enter into partnerships with respect to the future incremental density it has identified in its portfolio, number of units outstanding, the Trust’s ability to qualify as a real estate investment trust under the Tax Act and numerous other factors.
    [Show full text]
  • 2021 Winners of the Greater Toronto's Top Employers Competition Published in the Special Magazine of the Globe and Mail, Conducted by Mediacorp Canada Inc
    2021 Winners of the Greater Toronto's Top Employers Competition published in the Special Magazine of The Globe and Mail, conducted by MediaCorp Canada Inc. Companies Categories HQ/Location Business Management ACCENTURE INC. Consultant, Processing Services, Risk Management ACCOR Hotel Operations & Franchises Largest in Europe ADP CANADA CO. Online Payroll Service AIG INSURANCE COMPANY OF CANADA Insurance AMD / ADVANCED MICRO DEVICES, INC. Computer Hardware AMEX BANK OF CANADA Financial/Bank ARUP CANADA INC. Engineering Consultant ASTRAZENECA CANADA INC. Biotechnology HQ/Mississauga BASF CANADA INC. Chemical Products HQ/Mississauga BAYER Pharmaceutical HQ/Mississauga BLAKE, CASSELS & GRAYDON LLP Business Law Firm Toronto BORDEN LADNER GERVAIS LLP Law Firm Toronto Business Management BOSTON CONSULTING GROUP OF CANADA LIMITED Toronto Consultant BOUNTEOUS CANADA, INC. Ecommerce & Design Toronto CAA CLUB GROUP Travel Service CAAT PENSION PLAN Finance CAMPBELL COMPANY OF CANADA Food CANADIAN STANDARDS ASSOCIATION / CSA Scientific and Engineering Mississauga CAPITAL ONE CANADA Finance Mississauga & CERIDIAN HCM INC. Global Human Capital Software Toronto I T Consulting and System Mississauga & CGI INC. Integration Service Toronto CHILDREN'S AID SOCIETY OF TORONTO Government Agency CIBC Bank Wholesale of Electronic CISCO SYSTEMS CANADA CO. Toronto Communication Equipment CITI CANADA Finance COLLEGE OF PHYSICIANS AND SURGEONS OF ONTARIO, THE COMPASS GROUP CANADA Food Service & Catering CORUS ENTERTAINMENT INC. Mass Media & Entertainment Toronto Digital Cars Buying & Selling COX AUTOMOTIVE CANADA Service CREDIT VALLEY CONSERVATION AUTHORITY / CVC Building Materials CRH CANADA GROUP INC. Mississauga Manufacturer & Products DIAMOND SCHMITT ARCHITECTS INC. Architectural Firm Toronto DISTRIBUTEL COMMUNICATIONS LIMITED Telecommunication Service DURHAM COLLEGE OF APPLIED ARTS AND TECHNOLOGY College Electrical Appliances DYSON CANADA LTD.
    [Show full text]
  • First Capital Real Estate Investment Trust ANNUAL INFORMATION FORM ______
    ________________________________________ First Capital Real Estate Investment Trust ANNUAL INFORMATION FORM ________________________________________ February 22, 2021 Table of Contents GLOSSARY ................................................................................................................................................. 3 BASIS OF PRESENTATION ....................................................................................................................... 7 CAUTIONARY NOTICE REGARDING FORWARD-LOOKING STATEMENTS ........................................ 7 GENERAL AND INCORPORATION BY REFERENCE .............................................................................. 8 ORGANIZATIONAL STRUCTURE ............................................................................................................. 8 DESCRIPTION OF THE BUSINESS ........................................................................................................ 11 DEVELOPMENT OF THE BUSINESS ...................................................................................................... 11 INVESTMENT GUIDELINES AND OPERATING POLICIES OF THE TRUST ........................................ 14 DECLARATION OF TRUST AND DESCRIPTION OF TRUST UNITS .................................................... 17 THE PARTNERSHIP AND DESCRIPTION OF PARTNERSHIP UNITS .................................................. 25 UNITHOLDERS’ RIGHTS PLAN ..............................................................................................................
    [Show full text]
  • Stoxx True Exposure™ Canada 50% Index
    STOXX TRUE EXPOSURE™ CANADA 50% INDEX Components1 Company Supersector Country Weight (%) Canadian National Railway Co. Industrial Goods & Services Canada 5.57 Royal Bank of Canada Banks Canada 5.04 Toronto-Dominion Bank Banks Canada 4.84 Canadian Pacific Railway Ltd. Industrial Goods & Services Canada 4.62 BCE Inc. Telecommunications Canada 4.55 Canadian Imperial Bank of Comm Banks Canada 4.27 Bank of Nova Scotia Banks Canada 4.10 Bank of Montreal Banks Canada 3.67 TELUS Telecommunications Canada 3.59 Fortis Inc. Utilities Canada 2.90 Canadian Natural Resources Ltd Oil & Gas Canada 2.74 Suncor Energy Inc. Oil & Gas Canada 2.56 Sun Life Financial Inc. Insurance Canada 2.56 National Bank of Canada Banks Canada 2.35 Rogers Communications Inc. Cl Telecommunications Canada 2.21 KIRKLAND LAKE GOLD Basic Resources Canada 2.16 Agnico-Eagle Mines Ltd. Basic Resources Canada 2.10 INTACT FINANCIAL Insurance Canada 2.07 PEMBINA PIPELINE CORP Oil & Gas Canada 2.01 Metro Inc. Cl A Retail Canada 1.83 DOLLARAMA Retail Canada 1.83 RESTAURANT BRANDS INTL Travel & Leisure Canada 1.48 LOBLAW Retail Canada 1.39 Shaw Communications Inc. Cl B Telecommunications Canada 1.35 B2GOLD Basic Resources Canada 1.11 HYDRO ONE Utilities Canada 1.02 CANADIAN APARTMENT PROP REIT Real Estate Canada 0.93 Canadian Tire Corp. Ltd. Cl A Retail Canada 0.90 WESTON GEORGE Retail Canada 0.81 SSR MINING INC. (NAS) Basic Resources Canada 0.76 EMPIRE 'A' Retail Canada 0.76 Power Corp. of Canada Insurance Canada 0.73 TOROMONT INDUSTRIES Industrial Goods & Services Canada 0.72 INTER PIPELINE Oil & Gas Canada 0.66 QUEBECOR 'B' Media Canada 0.61 IA FINANCIAL CORP Insurance Canada 0.59 RIOCAN REIT.TST.
    [Show full text]
  • Management Information Circular
    FIRST CAPITAL REAL ESTATE INVESTMENT TRUST NOTICE OF ANNUAL AND SPECIAL MEETING OF UNITHOLDERS AND MANAGEMENT INFORMATION CIRCULAR ANNUAL AND SPECIAL MEETING OF UNITHOLDERS TO BE HELD ON SEPTEMBER 29, 2020 This Management Information Circular requires your immediate attention. If you are in doubt as to how to deal with this document, the documents referred to herein or the matters to which they refer, please consult your professional advisors. August 14, 2020 August 14, 2020 Dear Fellow Unitholder: We are pleased to invite you to attend the 2020 Annual and Special Meeting of Unitholders of First Capital Real Estate Investment Trust on Tuesday, September 29, 2020 at 10:00 a.m. (Toronto time). This year, out of an abundance of caution, to proactively deal with the unprecedented public health impact of the coronavirus outbreak (COVID-19), and to mitigate risks to the health and safety of our communities, unitholders, colleagues and other stakeholders, we will hold our annual meeting in a virtual only format, which will be conducted via live webcast. At the virtual annual meeting, regardless of geographic location, Unitholders will have an opportunity to listen, participate and vote through a web based platform instead of attending the meeting in person. Inside this document, you will find important information and detailed instructions about how to participate at our virtual annual meeting. The purpose of the meeting will be to conduct our regular annual meeting business and other business as described in the Notice of 2020 Annual and Special Meeting of Unitholders. Your vote is important. This Management Information Circular in respect of the meeting contains important information about voting, the nominated trustees, our governance practices and how we compensate our trustees and executives.
    [Show full text]
  • B U Il D in G F O R T O M O R R
    TOMORROW STRENGTHENING TODAY, TODAY, STRENGTHENING BUILDING FOR BUILDING Annual and Special Meeting | June 2020 RioCan’s AGM 2020 PROGRAM • Welcome & Administrative Matters • Financial Statements • Nomination & Election of Board Trustees • Re-Appointment of the Auditor • Amendment to Declaration of Trust • Executive Compensation • Business Overview, Edward Sonshine • Operations Overview, Jonathan Gitlin • Q&A • Voting Results NON-GAAP FORWARD LOOKING MEASURES INFORMATION RioCan’s consolidated financial Certain information included in this presentation contains forward-looking statements within the meaning of applicable statements are prepared in accordance securities laws including, among others, statements concerning our objectives, our strategies to achieve those with IFRS. Consistent with RioCan’s objectives, as well as statements with respect to management's beliefs, plans, estimates, and intentions, and similar management framework, management statements concerning anticipated future events, results, circumstances, performance or expectations that are not uses certain financial measures to historical facts. Certain material factors, estimates or assumptions were applied in drawing a conclusion or making a assess RioCan’s financial performance, forecast or projection as reflected in these statements and actual results could differ materially from such conclusions, which are not generally accepted forecasts or projections. accounting principles (GAAP) under IFRS. Forward-looking information is not a guarantee of future events or performance
    [Show full text]