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FIRST CAPITAL ANNOUNCES THE FILING AND MAILING OF MEETING MATERIALS IN CONNECTION WITH THE SPECIAL MEETING OF UNITHOLDERS TO APPROVE THE ARRANGEMENT
FIRST CAPITAL ANNOUNCES THE FILING AND MAILING OF MEETING MATERIALS IN CONNECTION WITH THE SPECIA...
About this update from First Capital Real Estate Investment Trust
[{"type":"text","content":"\n\n\nFIRST CAPITAL ANNOUNCES THE FILING AND MAILING OF MEETING MATERIALS IN CONNECTION WITH THE SPECIAL MEETING OF UNITHOLDERS TO APPROVE THE ARRANGEMENT\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nThe Arrangement Consideration per Unit payable to Unitholders provides an immediate, upfront premium with a mix of cash, which provides certainty of value, and Choice Units for continued participationThe Board unanimously recommends that Unitholders vote IN FAVOUR of the Arrangement Resolution: your vote is important – Vote TodayQuestions or need voting assistance? Please contact Laurel Hill Advisory Group, First Capital's proxy solicitation agent, by calling 1-877-452-7184 (North American toll-free) or 1-416-304-0211 (outside North America) by texting \"INFO\" to either number, or by email at [email protected], May 25, 2026 /CNW/ - First Capital REIT (\"First Capital\" or the \"REIT\") (TSX: FCR.UN) announced today that it has filed its notice of special meeting, management information circular (the \"Circular\") and related materials (collectively, the \"Meeting Materials\") with the applicable securities regulators in connection with the special meeting (the \"Meeting\") of the unitholders of First Capital (the \"Unitholders\") to approve the previously announced plan of arrangement (the \"Arrangement\") pursuant to the arrangement agreement dated April 16, 2026 (the \"Arrangement Agreement\") between, among others, the REIT, KingSett Real Estate Growth LP No. 8 (\"KingSett\") and Choice Properties Real Estate Investment Trust (\"Choice Properties\") (TSX: CHP.UN).\n\n\n\n\n\n\n\nThe Arrangement was announced on April 16, 2026, and is expected to close in the fourth quarter of 2026, assuming that required approvals are obtained and all other conditions are satisfied.Pursuant to the terms of the Arrangement Agreement, Unitholders will be entitled to receive, for each unit of First Capital (each whole unit, a \"REIT Unit\") held, a combination of $19.24 in cash and 0.3186 of...
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