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Sandpiper Publishes Letter to Unitholders of Artis REIT Reaffirming Need for Substantial and Immediate Change
Sandpiper Publishes Letter to Unitholders of Artis REIT Reaffirming Need for Substantial ...
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[{"type":"text","content":"\n \n \n \n Sandpiper Publishes Letter to Unitholders of Artis REIT Reaffirming Need for Substantial and Immediate Change\n \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 \n \n Canada NewsWire\n \n \n VANCOUVER, BC, Nov. 9, 2020\n \n \n \n \n \n \n Sandpiper provides unitholders with additional information related to\n \n Victor Thielmann\n \n whose resignation for non-independence validates Sandpiper's view that Artis lacks appropriate governance and oversight\n \n \n \n \n Sandpiper asks unitholders to join in demanding for the immediate resignations of any trustees and officers who had knowledge of\n \n Victor Thielmann's\n \n non-independence\n \n \n \n \n Management blocks questions from unitholders during Artis' Q3 2020 Investor Conference Call\n \n \n \n \n Sandpiper thanks the growing number of unitholders now totalling well over 35% who continue to come forward to express support and encouragement for Sandpiper's slate and case for change at Artis\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Nov. 9, 2020\n \n /CNW/ - Sandpiper Group, together with its affiliates (\"Sandpiper\"), publishes a letter to fellow unitholders of Artis REIT (\"Artis\" or the \"REIT\") reaffirming the need for substantial and immediate leadership change at Artis and calls on the board of trustees of Artis (the \"Board\") to expeditiously hold Sandpiper's requisitioned meeting (currently scheduled for\n \n February 23, 2021\n \n ) by no later than\n \n December 31, 2020\n \n .\n \n \n \n The full text of Sandpiper's letter to Artis unitholders is as follows:\n \n \n \n \n November 9, 2020\n \n \n \n \n Dear Fellow Unitholders of Artis REIT:\n \n \n \n We would like to begin by thanking all of our fellow unitholders who have come forward to express their support and encouragement for Sandpiper's five truly independent nominees (\"Sandpiper's Nominees\") and our plan to maximize value at Artis REIT (\"Artis\" or the \"REIT\"). Since we launched our case for change at Artis on\n \n October 1, 2020\n \n , we have and continue to receive an overwhelming number of supportive calls and emails...