Unit Holder Meeting
On 3 July 2017, the board of APN Funds Management Limited, as responsible entity of the APN Property Plus Portfolio (‘PPP’), approved issuing a Notice of Meeting and Explanatory Memorandum to investors about a proposal to implement a number of important changes to PPP.
Subject to the approval of all the resolutions, the proposal is for the units in PPP to be stapled to the units in two other property funds to form the Convenience Retail REIT, which will be listed on the ASX. Approval of the resolutions will provide PPP unitholders with the ability to elect either option (A) to continue your investment and participate in the listed fund if the proposal proceeds or option (B) receive cash consideration.
The following materials were despatched to PPP unitholders:
- Proxy and Election Forms due (hand delivery and post) – 5pm Friday 21 July
- Proxy and Election Forms due (email and fax) – 10am Sunday 23 July
- Unitholder Meeting to be held at Offices of Gilbert + Tobin – Level 22, 101 Collins Street, Melbourne VIC – 10am Tuesday 25 July