H&R Real Estate Investment Trust and H&R Finance (2017) Trust applied for exemptive relief from various continuous disclosure, certification, audit committee, and prospectus requirements under Ontario securities law.
The relief was sought in connection with a proposed reorganization that would result in a new stapled unit structure.
The Ontario Securities Commission granted the requested exemptions, subject to numerous conditions including the filing of combined financial statements.
The Commission also designated F17 Trust as a reporting issuer in Ontario.