Insiders buying at Slate Retail REIT (SRT)

Insiders buying at Slate Retail REIT (:SRT)

Slate Asset Management LP, a 10% Holder, acquired 170,000 Trust Units Class U Units at a price of $14.750 on a direct ownership basis through a prospectus or prospectus exempt offering on May 31st, 2017. This represents a $2,507,500 investment into the company's shares and an account share holdings change of 13.8%.

On the same terms, Lisa Rowe, a Senior Officer, acquired 1,500 Trust Units Class U Units on a direct ownership basis through a prospectus or prospectus exempt offering on May 31st, 2017. This represents a $22,125 investment into the company's shares and an account share holdings change of 61.0%.

Slate Retail REIT is in the Commercial REITs Sub Industry Group under the Financials Sector.

Slate Retail REIT (the REIT) is a Canada-based unincorporated open-ended real estate investment trust. The REIT focuses on acquiring, owning and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States with an emphasis on grocery-anchored retail properties. The REIT owns approximately 66 grocery anchored retail commercial properties located in the United States comprising over 7.6 million square feet of gross leasable area (GLA). The REIT's properties are located in approximately 20 states with a presence in over 20 metropolitan statistical areas (MSAs). Its properties include 98 Palms, Bloomingdale Plaza, Errol Plaza, Meres Town Center, Oak Hill Village, Salerno Village Square, Seminole Oaks, Uptown Station, County Line Plaza, Field Club Commons, Kennywood Shops, Lake Raystown Plaza, Summit Ridge, Buckeye Plaza, Hocking Valley Mall and Mulberry Square. The REIT's properties are managed by Slate Asset Management L.P. (Slate).