Application will be made to the London Stock Exchange for admission to trading on AIM of the shares of common stock in the Company to satisfy this common stock award ( Admission ). Admission is expected to occur on or about 19 March 2021. The new shares of common stock will rank pari passu with the existing common stock in the Company. In conjunction with this common stock award, the Board of the Company has approved the cancellation of 37,014 shares held in Treasury. Restricted Stock Unit Awards Also on 12 March 2021, the Board of the Company approved issuance of Restricted Stock Units (RSUs) to the following executive Directors under the terms of Somero s 2020 Equity Incentive Plan at a price of 365 pence per RSU based on the closing price on 12 March 2021.
Investegate |Spirent Comm PLC Announcements | Spirent Comm PLC: Director/PDMR Shareholding
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Joining a startup at 17, how this Delhi boy rose in the ranks to live his dreams
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
American Hotel Income Properties REIT LP Reports Fourth Quarter and Full Year 2020 Results
News provided by
Share this article
Q4 2020 occupancy of 51.4%, RevPAR of $47.25, and revenues of $39.4 million
Q4 2020 diluted FFO per unit of ($0.07)
Occupancy levels improved significantly in February, to 59.9%; Upward trend in Occupancy has continued into March
$50 million strategic Preferred Equity investment, closed January 28, 2021, reduced leverage and enhanced liquidity
Amended credit facility provides waiver of covenants through December 31, 2021
(All numbers are in U.S. dollars unless otherwise indicated)
VANCOUVER, BC, March 10, 2021 /PRNewswire/ - American Hotel Income Properties REIT LP (
AHIP , or the
Company ) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) announced today its financial results for the three months and year ended December 31, 2020.