Business News • MarketWire • Royal Host REIT Announces Results of Substantial Issuer Bid for Its Units |
Royal Host REIT Announces Results of Substantial Issuer Bid for Its Units |
|
|
Royal Host REIT Announces Results of Substantial Issuer Bid for Its Units
CALGARY, ALBERTA--(Marketwire - Jan. 11, 2010) - Royal Host Real Estate Investment Trust (the "Trust" or "Royal Host") (TSX:RYL.UN) (TSX:RYL.DB.B) (TSX:RYL.DB.C) (TSX:RYL.DB.D) announced today the final results of its previously announced offer (the "Offer") to purchase for cancellation up to 5,000,000 of its outstanding units ("Units"), which expired at 5:00 p.m. (Halifax Time) on Monday, January 11, 2010.
As at 5:00 p.m. (Halifax time) today, based on reports provided by the Depositary for the Offer, a total of 99,102 Units had been deposited pursuant to the Offer. The Trust will be taking up all of the 99,102 Units deposited as of 5:00 p.m. today as required by applicable securities laws and as set forth in the Offer and accompanying circular dated November 4, 2009, as extended by the notice of extension dated December 15, 2009.
View More : http://www.marketwire.com/mw/release.do?id=1100170&sourceType=3
|
|
|