The Toronto Stock Exchange reports that Minto Apartment Real Estate Investment Trust will be delisted at the close on Aug. 6, 2026. According to the TSX, the REIT will complete a plan of arrangement pursuant to a final order of the Ontario Superior Court of Justice (Commercial List) dated March 6, 2026, pursuant to which an affiliate of Crestpoint Real Estate Investments LP will acquire all of the outstanding units, other than units held directly or indirectly by Minto Properties Inc. and its affiliates and certain senior officers. The effective date for the transaction is expected to occur on Aug. 6, 2026, subject to the satisfaction of the closing conditions that by their nature are only capable of being satisfied on the effective date of the transaction.

The TSX reports that unitholders of the REIT will receive $18 in cash per unit of Minto Apartment held. In addition, the REIT expects to pay a prorated distribution of 0.719 cent per unit, being a prorated distribution based on the number of days occurring from Aug. 1, 2026, to and including Aug. 5, 2026, to unitholders who are entitled to receive the consideration pursuant to the transaction. The REIT expects the prorated distribution to be paid concurrently with the payment of the consideration under the transaction. To receive the consideration, unitholders must return the letter of transmittal together with unit certificates or direct registration advices to TSX Trust Company at its principal offices in Toronto.

For more information, see the REIT's management information circular dated Jan. 29, 2026, and its news release dated Aug. 4, 2026.