TWC Enterprises Limited Increases Ownership Position in Automotive Properties REIT

Provided By Globe Newswire

Last update: Sep 19, 2022

KING CITY, Ontario, Sept. 19, 2022 (GLOBE NEWSWIRE) -- TWC Enterprises Limited (“TWC”) (TSX: TWC) today announced that, it has acquired beneficial ownership of, or control or direction over 909,486 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 July 19, 2022 and September 16, 2022 at a weighted average price of $13.26 per Unit. The Units acquired by TWC represent 2.29% of the issued and outstanding Units of the REIT (the “Acquisition”).