- EQC Dashboard
- Financials
- Filings
-
Holdings
- Transcripts
- ETFs
- Insider
- Institutional
- Shorts
-
8-K Filing
Equity Commonwealth (EQC) 8-KEntry into a Material Definitive Agreement
Filed: 16 May 07, 12:00am
Exhibit 99.1
400 Centre Street, Newton, MA 02458-2076 |
| tel: (617) 332-3990 fax: (617) 332-3990 | |||
| |||||
FOR IMMEDIATE RELEASE |
| Contact: | |||
|
| Timothy A. Bonang | |||
|
| Manager of Investor Relations | |||
|
| (617) 796-8149 | |||
|
| www.hrpreit.com | |||
Newton, MA (May 15, 2007): HRPT Properties Trust (NYSE: HRP) today announced the results of its annual meeting of shareholders held today, as follows:
Election of Trustee. Patrick F. Donelan was elected a trustee to serve a three year term until the annual meeting in 2010. The following is the preliminary tabulation of the percentage of eligible votes cast for the election of Mr. Donelan:
| Percentage of Eligible |
| |
Trustee |
| Votes In Favor |
|
|
|
|
|
Patrick F. Donelan |
| 82.78% |
|
Other Matters. Five other substantive matters were considered at the meeting. Three of these matters required a majority of eligible votes in favor to be adopted and two matters required seventy-five percent (75%) of eligible votes in favor to be adopted. Two of these matters were approved and the other matters were not approved:
| Percentage Of |
| |
Proposals Which |
| Eligible Votes In |
|
Were Approved |
| Favor |
|
|
|
|
|
An amendment to the |
|
|
|
declaration of trust |
|
|
|
to provide that any |
|
|
|
shareholder who |
|
|
|
violates the declaration |
|
|
|
of trust or bylaws will |
|
|
|
indemnify and hold |
|
|
|
harmless the trust |
|
|
|
from all costs and |
|
|
|
damages (including |
|
|
|
attorneys fees) arising |
|
|
|
from the shareholder’s |
|
|
|
violation. |
| 74.88% |
|
|
|
|
|
An amendment to the |
|
|
|
declaration of trust |
|
|
|
which will permit the |
|
|
|
issuance of securities |
|
|
|
which are redeemable |
|
|
|
at the option of the |
|
|
|
holders. [This |
|
|
|
proposal required a |
|
|
|
seventy-five percent |
|
|
|
(75%) vote for |
|
|
|
approval.] |
| 81.27% |
|
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the New York Stock
Exchange. No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
Proposals Which Were |
| Percentage Of Eligible |
|
Not Approved |
| Votes In Favor |
|
An amendment to the |
|
|
|
declaration of trust |
|
|
|
to change the shareholder |
|
|
|
vote necessary for |
|
|
|
certain actions and to |
|
|
|
permit the required |
|
|
|
vote necessary to |
|
|
|
elect trustees or |
|
|
|
for certain other |
|
|
|
actions to be set |
|
|
|
in the bylaws. |
| 22.71% |
|
|
|
|
|
An amendment to the |
|
|
|
declaration of trust |
|
|
|
to authorize the board |
|
|
|
to divide or combine |
|
|
|
outstanding shares |
|
|
|
without a |
|
|
|
shareholder vote. |
| 20.53% |
|
|
|
|
|
Amendments to the |
|
|
|
declaration of trust |
|
|
|
to change the required |
|
|
|
shareholder vote for |
|
|
|
amendments to the |
|
|
|
declaration, to |
|
|
|
approve business |
|
|
|
combinations or for |
|
|
|
termination of the |
|
|
|
trust. [This proposal |
|
|
|
required a seventy- |
|
|
|
five percent (75%) |
|
|
|
vote for approval.] |
| 18.70% |
|
HRPT Properties Trust is a real estate investment trust headquartered in Newton, MA which primarily owns office and industrial properties located throughout the United States, including 18 million square feet of leased industrial lands on Oahu, Hawaii.
WARNING REGARDING FORWARD LOOKING STATEMENTS
THE FOREGOING PRESS RELEASE INCLUDES FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND THE FEDERAL SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON HRPT’S PRESENT BELIEFS AND EXPECTATIONS, BUT THEY MAY NOT OCCUR. FOR EXAMPLE, THIS PRESS RELEASE REPORTS THE PRELIMINARY TABULATIONS OF VOTES OF SHAREHOLDERS AND IMPLIES THAT THE FINAL RESULTS OF THE TABULATIONS OF VOTES WILL BE THE SAME. IN FACT, THE PRELIMINARY TABULATIONS ARE SUBJECT TO FINAL COUNTINGS OF VOTES AND VERIFICATIONS THEREOF BY THE APPOINTED INSPECTOR OF ELECTIONS. THE FINAL VOTES MAY BE DIFFERENT FROM THE RESULTS IMPLIED BY THE PRELIMINARY TABULATIONS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS IN THIS PRESS RELEASE.
(end)