TSX:SOT.DB - Post by User
Post by
CanSiamCypon May 13, 2022 6:40pm
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Post# 34683204
Clue #1
Clue #1"Slate Office REIT (TSX: SOT.UN) (the "REIT"), an owner and operator of high-quality workplace real estate, announced today that each of the trustee nominees listed in the management information circular of the REIT dated March 23, 2022 were elected ...."
https://money.tmx.com/en/quote/SOT.UN/news/6891558549577919/Slate_Office_REIT_Announces_Voting_Results_from_2022_Meeting_of_Unitholders_and_Posts_Q1_2022_Earnings_Call_Transcript_and_Investor_Update
,,,, but with the Against vote scoring 40-43% for each of the trustees, this is hardly a ringing endorsement for the Welch Brothers and their team!
Having read this announcement, I recalled receiving a cold call in about a week or two ago ... the caller was from an agency hired by Slate Office to call investors and ask them if they had received their documents and had voted. I replied to the affirmative. Then I was asked how I had voted ... to which I replied "Why should I reveal to you how I voted?". The caller stammered a bit and said thank you for confirming that you have voted. I now surmise that they had an inkling that something was amiss with their usual order of business and that a revolt was brewing in the ranks.
Needless to say I voted my units (and my daughter's unit since I manage her account) Against the recommended Trustee nominees! Apparently, a lot of other investors did the same. Kudos to all!