Ravelin Properties REIT

Clarke Inc. Completes Acquisition of Ravelin Properties REIT

2026-05-29 12:32:53

Halifax, Nova Scotia and Toronto, Ontario--(Newsfile Corp. - May 29, 2026) - Clarke Inc. (TSX: CKI) ("Clarke") and Ravelin Properties REIT (TSX: RPR.UN) (the "REIT") are pleased to announce the successful completion of Clarke's previously-announced acquisition of the REIT by way of plan of arrangement (the "Arrangement"). Pursuant to the Arrangement, Clarke issued an aggregate 2,500,000 common shares in the capital of Clarke (the "Clarke Shares") to acquire all of the outstanding units of the REIT (the "REIT Units") and all of the outstanding 9.00% convertible unsecured subordinated debentures, 5.50% convertible unsecured subordinated debentures and 7.50% convertible unsecured subordinated debentures (collectively, the "REIT Debentures").

Ravelin Properties REIT Receives Final Order Approving Plan of Arrangement with Clarke Inc.

2026-05-27 16:30:00

Toronto, Ontario--(Newsfile Corp. - May 27, 2026) - Ravelin Properties REIT (TSX: RPR.UN) (the "REIT") announces that the Ontario Superior Court of Justice (Commercial List) issued a final order today (the "Final Order") in connection with the previously announced plan of arrangement under the Canada Business Corporations Act (the "Arrangement"), pursuant to which Clarke Inc. will acquire all of the outstanding units of the REIT (the "REIT Units") and all of the REIT's outstanding 9.00% convertible unsecured subordinated debentures, 5.50% convertible unsecured subordinated debentures and 7.50% convertible unsecured subordinated debentures (collectively, the "REIT Debentures", and together with the REIT Units, the "REIT Securities"). The Final Order was the final substantive approval required prior to the closing of the Arrangement.

Ravelin Properties REIT Unitholders and Debentureholders Approve Plan of Arrangement with Clarke Inc.

2026-05-25 16:07:00

Toronto, Ontario--(Newsfile Corp. - May 25, 2026) - Ravelin Properties REIT (TSX: RPR.UN) (the "REIT") is pleased to announce that the holders (the "REIT Unitholders") of units of the REIT and the holders (the "REIT Debentureholders") of the REIT's outstanding 9.00% convertible unsecured subordinated debentures, 5.50% convertible unsecured subordinated debentures and 7.50% convertible unsecured subordinated debentures (collectively, the "REIT Debentures") have approved the proposed plan of arrangement (the "Arrangement") with Clarke Inc. ("Clarke") at the special meeting of REIT Unitholders (the "REIT Unitholder Meeting") and at the special meeting of REIT Debentureholders (the "REIT Debentureholder Meeting") held earlier today. At the REIT Unitholder Meeting, a special resolution approving the Arrangement was approved by 68.69% of the votes cast by REIT Unitholders present in person or represented by proxy at the REIT Unitholder Meeting.

Ravelin Properties REIT Announces Continued Strong Support for Plan of Arrangement with Clarke Inc. and Encourages Securityholders to Vote Ahead of Proxy Cut Off

2026-05-20 08:00:00

Toronto, Ontario--(Newsfile Corp. - May 20, 2026) - Ravelin Properties REIT (TSX: RPR.UN) (the "REIT") is pleased to announce securityholder support remains high for the previously announced plan of arrangement (the "Arrangement") with Clarke Inc., with 99.4% of the votes cast by holders (the "REIT Debentureholders") of the REIT's outstanding 9.00% convertible unsecured subordinated debentures, 5.50% convertible unsecured subordinated debentures and 7.50% convertible unsecured subordinated debentures to date in favour of a special resolution of REIT Debentureholders approving the Arrangement (the "Debentureholder Arrangement Resolution") and 84.5% of the votes cast by holders (the "REIT Unitholders") of units of the REIT to date in favour of a special resolution of REIT Unitholders approving the Arrangement (the "Unitholder Arrangement Resolution" and together with the Debentureholder Arrangement Resolution, the "Arrangement Resolutions"). The REIT encourages REIT Debentureholders and REIT Unitholders to vote FOR the Arrangement ahead of the proxy voting deadline of May 21, 2026 at 5:00 p.m.

Ravelin Properties REIT Reports First Quarter 2026 Results

2026-05-15 20:06:00

Toronto, Ontario--(Newsfile Corp. - May 15, 2026) - Ravelin Properties REIT (TSX: RPR.UN) ("Ravelin" or the "REIT"), an internally managed global owner and operator of well-located commercial real estate, announces financial results for the three months ended March 31, 2026. The REIT's unaudited interim financial statements and Management's Discussion and Analysis for the three months ended March 31, 2026 are available under the REIT's issuer profile on SEDAR+ and can also be found on the REIT's website at ravelinreit.com.

Ravelin Properties REIT Announces Strong Support for Plan of Arrangement with Clarke Inc. and Amendment to Plan of Arrangement

2026-05-13 18:42:00

Toronto, Ontario--(Newsfile Corp. - May 13, 2026) - Ravelin Properties REIT (TSX: RPR.UN) (the "REIT") is pleased to announce strong support for its previously announced plan of arrangement (the "Arrangement") with Clarke Inc. The REIT also announces that it has agreed to certain amendments to the Arrangement pursuant to which certain defaults and third-party consents will be deemed to be waived upon the Arrangement becoming effective. REIT Debentureholder and REIT Unitholder Support An aggregate 85.3% of holders (the "REIT Debentureholders") of the REIT's outstanding 9.00% convertible unsecured subordinated debentures, 5.50% convertible unsecured subordinated debentures and 7.50% convertible unsecured subordinated debentures (collectively, the "REIT Debentures") have voted in favour of a special resolution of REIT Debentureholders approving the Arrangement (the "Debentureholder Arrangement Resolution").