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R&R REIT Issues Units to Trustees in Connection with 2024 Units for Services Agreements, Enters into New Units for Services Agreements for 2025 and Issues Deferred Units to Executive Officers

Newswire.ca - Fri Feb 21, 2025

MISSISSAUGA, ON, Feb. 21, 2025 /CNW/ - R&R Real Estate Investment Trust (TSXV: RRR.UN) (the "REIT")  announces that it has issued REIT units to participating trustees in connection with its 2024 units for services agreements (the "2024 Units for Services Agreements"), pursuant to which trustees could elect to receive all or a portion of their trustee retainer fees for 2024 in units, rather than in cash. The units issued pursuant to the 2024 Units for Services Agreements serve as compensation for past services provided by such trustees to the REIT for the 2024 fiscal year. The units were issued at a price of C$0.16 per unit and the amount of trustee fees paid in units and the number of units issued to each participating trustee is as follows:

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