TWC Enterprises Limited Increases Ownership Position in Automotive Properties REIT

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Mar 08, 2021
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KING CITY, Ontario, March 08, 2021 (GLOBE NEWSWIRE) -- TWC Enterprises Limited (“TWC”) today announced that, it has acquired beneficial ownership of, or control or direction over 819,600 trust units (“Units”) of Automotive Properties Real Estate Investment Trust (“REIT”) (TSX: APR.UN), through the facilities of the Toronto Stock Exchange and alternative Canadian trading systems between November 19, 2020 and March 5, 2021 at a weighted average price of $10.83 per Unit. The Units acquired by TWC represent 2.17% of the issued and outstanding Units of the REIT (the “Acquisition”).