Income Tax Information

 

Fair Market Value of Common Shares at the Time of the REIT Conversion

Killam has determined, based on the facts and circumstances of the Arrangement, that it is appropriate for Canadian federal and provincial tax purposes to value the disposition of the Common Shares using the 5-day volume weighted average price (VWAP) for the period immediately prior to the Effective Date of the Arrangement. The 5-day VWAP prior to January 1, 2016 was $10.60.
 

Contact

Investor inquiries should be directed to:

Nancy Alexander, CA, CPA
Senior Director, Investor Relations & Performance Analytics
3700 Kempt Road, Suite 100
Halifax, Nova Scotia, 
B3K 4X8
Phone: 902-442-0374
nalexander@killamreit.com