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Exchange Bulletin

PRO Real Estate Investment Trust (PRV.UN) To Trade On Toronto Stock Exchange


May 3, 2019

Issuer: PRO Real Estate Investment Trust 

Issuer: PRO Real Estate Investment Trust (the "REIT")
Security: Trust units (the "Units")
Symbol: PRV.UN
Number of securities issued and outstanding: 28,753,163 Units (on a post-consolidation basis)
Number of securities reserved for issuance: 6,584,019 Units (on a post-consolidation basis)
Listing category: Industrial, Exempt Issuer
Trading currency: CDN $
Listing and posted for trading date: May 7, 2019 (at the opening), on a post-consolidation basis, following a consolidation on the basis of one post-consolidation Unit for every three pre-consolidation Units effective at the close of business on Monday, May 6, 2019
Other market(s): The Units (on a pre-consolidation basis) have been listed on TSX Venture Exchange in their current form since March 13, 2013 under the symbol "PRV.UN". The Units will be delisted from TSX Venture Exchange on May 7, 2019, upon commencement of trading on Toronto Stock Exchange.
Market maker: Citadel Securities Canada ULC
Security ownership registration: Certificated Issue
Investor relations: Mr. James W. Beckerleg (514) 933-9552 Email: jbeckerleg@proreit.com Mr. Gordon G. Lawlor (514) 933-9552 Email: glawlor@proreit.com 
Incorporation: The REIT is an unincorporated, open-ended real estate investment trust established by the Declaration of Trust made as of February 7, 2013, as amended and restated on December 21, 2018, and governed by the laws of the Province of Ontario.
Fiscal year end: December 31
Nature of business: The REIT owns a diversified portfolio of 84 commercial properties across Canada representing over 3.7 million square feet of gross leasable area.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto
Normal course issuer bid: Through the facilities of TSX, up to 1,129,165 Units (on a post-consolidation basis) during the period commencing August 25, 2018 to August 24, 2019, representing 5% of the REIT's then issued and outstanding Units (46,133 Units, on a post-consolidation basis, have been purchased to date).
Distributions: The REIT currently makes monthly cash distributions to Unitholders (subject to an election by Unitholder to utilize the DRIP) equal to $0.0525 per post-consolidated Unit, representing $0.63 per post-consolidated Unit on an annualized basis. Unitholders of record as at the close of business on the last business day of the month preceding the date of distribution will have an entitlement on and after that day to receive distributions in respect of that month on such date of distribution.
Sponsorship: Not applicable
Disclosure document: Annual Information Form dated March 27, 2019 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the disclosure document.
TSX contact: Chris Birkett, Director, Toronto Stock Exchange