REIT Notes Program Ltd. Files Early Warning Report in Respect of Inovalis Real Estate Investment Trust
TORONTO, March 15, 2022 (GLOBE NEWSWIRE) -- REIT Notes Program Ltd. (REIT Notes Program) today has filed an early warning report under National Instrument 62-103 - The Early Warning System And Related Take-Over Bid And Insider Reporting Issues in connection with its disposition (the Dispositions) of 910,778 units (the Units) of Inovalis Real Estate Investment Trust (the REIT).
- TORONTO, March 15, 2022 (GLOBE NEWSWIRE) -- REIT Notes Program Ltd. (REIT Notes Program) today has filed an early warning report under National Instrument 62-103 - The Early Warning System And Related Take-Over Bid And Insider Reporting Issues in connection with its disposition (the Dispositions) of 910,778 units (the Units) of Inovalis Real Estate Investment Trust (the REIT).
- Prior to the Dispositions, REIT Notes Program held 4,489,127 Units which represented approximately 14% of the issued and outstanding Units of the REIT on a non-diluted basis.
- All Units are held directly by REIT Notes Program and no joint actor of REIT Notes Program holds any securities of the REIT.
- REIT Notes Program intends to evaluate its investment in the REIT and to increase or decrease its unitholdings from time to time as it may deem appropriate.