Exchange Bulletin

Firm Capital Property Trust (FCD.UN) To Trade On Toronto Stock Exchange

March 8, 2022
Issuer: Firm Capital Property Trust (the "Trust")
Security: Trust Units (the "Units")
Symbol: FCD.UN
Number of securities issued and outstanding: 34,011,280 Units
Number of securities reserved for issuance: 6,824,094 Units
Listing category: Industrial, Exempt Issuer
Trading currency: CDN$
Listing and posted for trading date: March 10, 2022 (at the opening)
Other market(s): The Units have been listed and trading on TSX Venture Exchange ("TSXV") under their current form since November 30, 2012 under the symbol "FCD.UN". The Units will be delisted from TSXV on March 10, 2022 upon commencement of trading on Toronto Stock Exchange.
Temporary market maker: Independent Trading Group
Security ownership registration: Certificated issue, direct registration system and non-certificated inventory system administered by CDS
Investor relations: Sandy Poklar
CFO, Firm Capital Property Trust
416-636-0221 ext. 235
Victoria Moayedi
VP, Investor Relations
416-635-0221 ext. 270
Incorporation: The Trust is an unincorporated open-ended real estate investment trust established under the laws of the Province of Ontario and is governed by a declaration of trust dated August 30, 2012, as amended and restated as of November 20, 2012 and as further amended and restated on August 1, 2018.
Fiscal year end: December 31
Nature of business: The Trust is focused on creating long-term value for Unitholders, through capital preservation and disciplined investing to achieve stable distributable income. The Trust's plan is to both own independently and co-own with others a diversified property portfolio consisting of the following real estate asset classes: Industrial & Flex Industrial, Retail, Multi-Residential, and Office. To achieve its objectives, the Trust pursues growth primarily through accretive acquisitions and seeks to improve the performance of its portfolio through various internal growth strategies. The Trust's acquisition strategy includes (i) stand-alone acquisitions, (ii) joint acquisitions with financially sound co-owners and (iii) acquisitions of partial interests in real estate assets from existing co-ownership groups.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto, Ontario
Distributions: The Trust currently makes monthly cash distributions equal to $0.0433 per Trust Unit (on an annualized basis this equates to annual distributions of $0.52 per Unit). The Trust may modify or suspend distributions at any time.
At present, holders of Trust Units of record as at the close of business on the last business day of the month preceding a date of distribution will have an entitlement on and after that day to receive distributions in respect of that month on the date of such distribution.
Sponsorship: Not applicable.
Disclosure document: Annual Information Form dated April 1, 2021 which is available at Capitalized terms not otherwise defined herein are as defined in the disclosure document.
TSX contact: Selma Thaver,
TSX Listings