NEWTON, Mass.--(BUSINESS WIRE)--
RMR Real Estate Income Fund (NYSE MKT: RIF) today announced the results of its 2017 Annual Meeting of Shareholders which was held earlier today as follows:
John L. Harrington was elected as a Class I Trustee of the Fund to serve a three year term until the annual meeting of shareholders in 2020. The percentage of shareholders’ votes cast for this Trustee is as follows:
Trustee |
Percentage of Shares Voted For* |
|||
John L. Harrington | 89% |
* All preferred and common shareholders of the Fund voting as a single class.
Shareholders approved an agreement and plan of redomestication of the fund from a Delaware statutory trust to a Maryland statutory trust. The percentage of shareholders’ votes cast for this agreement and plan is as follows:
|
Percentage of Shares Voted For* |
|||
Agreement and plan to redomesticate. | 85% |
* All preferred and common shareholders of the Fund voting as a single class.
The fund expects to complete the redomestication by April 30, 2017. RIF is a closed end investment company advised by RMR Advisors LLC.
WARNINGS REGARDING FORWARD LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER FEDERAL SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON RIF’S PRESENT BELIEFS AND EXPECTATIONS, BUT THEY ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR FOR NUMEROUS REASONS, SOME OF WHICH ARE BEYOND RIF’S CONTROL. FOR EXAMPLE, THIS PRESS RELEASE REPORTS THAT THE FUND’S SHAREHOLDERS APPROVED AN AGREEMENT AND PLAN OF REDOMESTICATION OF THE FUND FROM A DELAWARE STATUTORY TRUST TO A MARYLAND STATUTORY TRUST AND THAT THE FUND EXPECTS TO COMPLETE THIS REDOMESTICATION BY APRIL 30, 2017. HOWEVER, THIS REDOMESTICATION COULD TAKE LONGER TO COMPLETE OR COULD FAIL TO BE COMPLETED. FOR THESE AND OTHER REASONS, INVESTORS SHOULD NOT PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS.
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