Firm Capital Property Trust Announces Positive Amendments to Distribution Reinvestment Plan Including Discount on Units Issued From Treasury
Globenewswire·2025-07-31 21:01
TORONTO, July 31, 2025 (GLOBE NEWSWIRE) -- Firm Capital Property Trust (TSX: FCD.UN) ("FCPT" or the "Trust") is pleased to announce positive amendments to the Trust's Distribution Reinvestment Plan (the "DRIP") including the implementation of a discount on Trust Units issued from treasury. Currently, the Trust's DRIP contemplates that the floor price for Trust Units issued from treasury is $8.00 per Trust Unit and no discount is applied to Trust Units issued from treasury should the Average Market Price (as ...