American Hotel Income Properties REIT LP Announces Election of Directors
VANCOUVER, June 9, 2015 /PRNewswire/ - American Hotel Income Properties REIT LP ("AHIP") (TSX: HOT.UN; OTCQX: AHOTF) announced today that at its annual and special meeting of unitholders held on June 9, 2015 (the "Meeting"), all directors nominated as listed in the information circular dated May 8, 2015 were directed to be elected as directors of American Hotel Income Properties REIT (GP) Inc. for the ensuing year. As a ballot was not required, the number of votes disclosed in the below table reflects only the proxies received by management of AHIP in advance of the Meeting:
| Director |
Votes For |
Withhold Votes |
|||
| Number |
Percentage |
Number |
Percentage |
||
| Peter Armstrong |
6,454,602 |
99.82% |
11,400 |
0.18% |
|
| Robert O'Neill |
6,061,660 |
93.75% |
404,342 |
6.25% |
|
| Stephen J. Evans |
5,651,442 |
87.40% |
814,560 |
12.60% |
|
| Kevin Grayston |
6,451,002 |
99.77% |
15,000 |
0.23% |
|
| Tamara L. Lawson |
6,452,302 |
99.79% |
13,700 |
0.21% |
|
| W. Michael Murphy |
5,743,401 |
88.82% |
722,601 |
11.18% |
|
| Robert Pratt |
6,305,778 |
97.52% |
160,224 |
2.48% |
|
AHIP has also filed a report of voting results of all resolutions voted on at the Meeting on SEDAR at www.sedar.com.
ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP
AHIP is a limited partnership formed under the Limited Partnerships Act (Ontario) to invest in hotel real estate properties located substantially in the United States and is engaged primarily in the railroad employee accommodation, transportation-oriented, and select-service lodging sectors. AHIP's long-term objectives are to: (i) generate stable and growing cash distributions from hotel properties substantially in the U.S.; (ii) enhance the value of its assets and maximize the long-term value of the hotel properties through active management; and (iii) expand its asset base and increase its AFFO per unit through an accretive acquisition program, participation in strategic development opportunities and improvements to its properties through targeted value-added capital expenditure programs.
ADDITIONAL INFORMATION
Additional information relating to AHIP, including its other public filings, is available on SEDAR at www.sedar.com and on AHIP's website at www.ahipreit.com.
THE TSX HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS NEWS RELEASE.
SOURCE American Hotel Income Properties REIT LP
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