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Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust (The Trust) is a Canada-based closed-end real estate investment trust. The investment properties of the Trust operate through three segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Its Fort McMurray Properties include 10 properties. Its Other Investment Properties includes three properties. It’s Held for Sale and/or Sold Properties includes four properties. The Trust's property portfolio consists of 13 rental properties, encompassing 12 multi-unit residential properties, including the unsold condominium units at Lakewood Townhomes.


TSXV:LRT.UN - Post by User

Comment by quicksilver545on Feb 11, 2022 12:10pm
29 Views
Post# 34420631

RE:RE:8 Hours to the Next Postponement

RE:RE:8 Hours to the Next PostponementAlso I'm not sure there are any large debentureholders above 10%. If you comb through the original information circular on November 30th, it documents the following:

"As at the date hereof, the trustees and officers of the Trust are not aware of any person or company that beneficially owns, or controls or directs, directly or indirectly, more than 10% of the issued and outstanding Debentures or who will beneficially own, or control or direct, directly or indirectly, more than 10% of the issued and outstanding Units following the Exchange Transaction."

I read that as there are no individual debentureholders that hold more than 10% of the debentures as of the prior record date. So the largest debentureholder holds less than 10% as of the previous record date. 
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