NEWTON, Mass.--(BUSINESS WIRE)--
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%
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.
Source: HRPT Properties Trust
Contact: HRPT Properties Trust
Timothy A. Bonang, 617-796-8149
Manager of Investor Relations
www.hrpreit.com