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First Capital REIT Announces Receipt of Interim Court Order for Plan of Arrangement
First Capital REIT Announces Receipt of Interim Court Order for Plan of Arrangement Canad...
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[{"type":"text","content":"\n\n\nFirst Capital REIT Announces Receipt of Interim Court Order for Plan of 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\n\n\n\n\nCanada NewsWire\n\n\nTORONTO, Oct. 27, 2025 /CNW/ - First Capital Real Estate Investment Trust (\"First Capital\" or the \"REIT\") (TSX: FCR.UN) is pleased to announce that it has received an interim order of the Ontario Superior Court of Justice (Commercial List) authorizing various matters in connection with the REIT's previously announced internal reorganization to be implemented via a plan of arrangement under Section 182 of the Business Corporations Act (Ontario) and Section 60 of the Trustee Act (the \"Arrangement\").\n\n\n\n\n\n\n\nA special meeting of unitholders of the REIT (\"Unitholders\") will be held at 10:00 a.m. (Toronto time) on November 24, 2025, at the offices of Stikeman Elliott LLP, 5300 Commerce Court West, 199 Bay Street, Toronto, Ontario, M5L 1B9, to consider and approve the Arrangement (the \"Meeting\"). On or around October 31, 2025, the REIT intends to mail meeting materials (\"Meeting Materials\") to Unitholders of record as at the close of business on October 20, 2025, which will include a management information circular and a form of proxy (or voting instruction form). The management information circular and certain related Meeting Materials will also be available under the REIT's issuer profile on SEDAR+ at www.sedarplus.ca and on the REIT's website.\nThe proposed Arrangement will not result in a change to First Capital's overall strategy, portfolio, or operations. After completing the Arrangement, Unitholders will continue to hold the same number, and percentage of outstanding trust units (\"Trust Units\") as they held immediately before the Arrangement and the total number of Trust Units outstanding immediately following the Arrangement will be the same as before. The REIT's Trust Units will continue to be listed on the TSX and retain the same CUSIP number.\nThe Arrangement will be effected pursuant to a plan of arrangement under the Business Corporations Act (Ontario) the Trustee Act and is subject to the...
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