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Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB.A


Primary Symbol: T.SOT.DB Alternate Symbol(s):  SLTTF | T.SOT.DB.B | T.SOT.UN

Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of approximately 54 commercial properties located in Canada, the United States and Ireland. The REIT's Canada operations include Atlantic, Ontario and Western. The REIT is externally managed and operated by Slate Management ULC.


TSX:SOT.DB - Post by User

Comment by Ladislav3on Jun 21, 2022 12:40pm
129 Views
Post# 34771632

RE:RE:RE:SOT.UN has renewed the NCIB ...

RE:RE:RE:SOT.UN has renewed the NCIB ...NCIB is worthless but I am very concerned at continued dilution at these prices which is non-sensical. 

$40,000,000 (at current prices >10% of market cap) dilution, on top of which SOT.UN will pay the BMO and RBC a 2% commission for bringing these units to market. So in total dilution of up to $40,800,000. I hope our new shareholders start putting pressure on this useless manager and the trustees for even considering diluting substantially at this price point.
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