Business News • MarketWire • Dream Office REIT Renews Normal Course Issuer Bid |
Dream Office REIT Renews Normal Course Issuer Bid |
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Dream Office REIT Renews Normal Course Issuer Bid
TORONTO, ONTARIO--(Marketwired - June 17, 2015) - DREAM OFFICE REIT (TSX:D.UN) announced today that the Toronto Stock Exchange accepted a notice filed by Dream Office REIT to renew its prior normal course issuer bid for a one year period. Under the bid, Dream Office REIT will have the ability to purchase for cancellation up to a maximum of 10,648,031 of its REIT Units, Series A (the "Units, Series A") (representing 10% of Dream Office REIT's public float of 106,480,305 Units, Series A) through the facilities of the Toronto Stock Exchange. The bid will commence on June 22, 2015 and will remain in effect until the earlier of June 21, 2016 or the date on which Dream Office REIT has purchased the maximum number of Units, Series A permitted under the bid. Daily purchases will be limited to 73,273 Units, Series A, other than purchases pursuant to applicable block purchase exceptions. As of June 10, 2015, the number of issued and outstanding Units, Series A is 107,816,153.
View More : http://www.marketwired.com/mw/release.do?id=2030805&sourceType=3
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