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

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

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

Post by pennydredfulon Jan 15, 2024 4:56pm
223 Views
Post# 35827800

Things get complicated

Things get complicatedwhen   there  is  a vote  and  a significent   short  position when  new  phantom  shares   are " created" .  The   shorter  borrows  the shares  and delivers  them   to   a  new  buyer  .   Who   has  the vote to these   shares  ?     The owner  that  never  sold  them  only  (possibly unknowingly)  lent   them  out  or  the new  buyer  ? 
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