Business · Companies · 5 hrs ago
Global Real Assets Trust sets date for Series A unit redesignation
Global Real Assets Trust will offer a unit redesignation on Dec.
31, 2026 for holders of several existing unit series.
The opportunity applies to holders of Series B, Series B US$, Series C, Series F and Series I units.
They can redesignate their existing units as Series A units, which are currently unlisted.
The Toronto Stock Exchange has conditionally approved their listing, subject to the trust meeting all applicable listing requirements.
The Series A units are expected to begin trading on the TSX around Jan.
14, 2027, under ticker GLRA.UN.
The change gives eligible holders a route to move into units expected to be listed on the exchange.
Global Real Assets Trust says holders of five unit series can redesignate their units as Series A Units on December 31, 2026.
The Series A Units are expected to be listed on the Toronto Stock Exchange around January 14, 2027.
The TSX has conditionally approved the listing, subject to the Trust meeting all applicable listing requirements.
Starlight Investments Capital GP Inc. made the announcement on behalf of the Trust.
- Who
- Global Real Assets Trust and holders of its Series B, Series B US$, Series C, Series F and Series I Units.
- What
- The Trust announced an initial opportunity to redesignate those units as Series A Units, which are expected to be listed on the TSX.
- When
- The redesignation date is December 31, 2026. The expected listing date is around January 14, 2027.
- Where
- Toronto, according to the article’s dateline; the units are expected to list on the Toronto Stock Exchange.
- Why
- To allow eligible unitholders to redesignate their existing units as Series A Units.
This story does not have two clearly opposing sides.
The initial opportunity for eligible unitholders to redesignate their units as Series A Units is scheduled to occur.
The Series A Units are expected to be listed on the TSX.
- Redesignation date
- December 31, 2026
- Eligible unit series
- Series B, Series B US$, Series C, Series F and Series I
- Expected listing date
- On or about January 14, 2027
- Expected ticker symbol
- GLRA.UN
- Listing venue
- Toronto Stock Exchange
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