STAMFORD, Conn.–(Business enterprise WIRE)–Apr 25, 2022–
Land & Structures Expense Administration, LLC (with each other with its affiliate marketers, “Land & Buildings”), a substantial shareholder of Ventas, Inc. (NYSE: VTR) (“Ventas”, “VTR”, or the “Company”), today issued the next statement about its campaign at the Enterprise:
“During this campaign we have spoken with quite a few Ventas shareholders who fundamentally concur with what we have identified as the problems at the Enterprise, and with the options we are proposing to enable Ventas regain its blue-chip REIT status. We keep on to consider that a real investor point of view is necessary on the Board and that speedy improve at Ventas would advantage all its stakeholders.
It has also become very clear to us all through our conversations with shareholders that supplied the tips of the top proxy advisory corporations, it would be challenging for some traders to aid us. As a result, we are withdrawing our director nomination.
Notably, Institutional Shareholder Companies (“ISS”) wrote in its evaluation that the current Ventas Board has an chance to enhance relative effectiveness – but if these attempts fall short, ISS would be much more supportive of modify at up coming year’s annual meeting. Even though we disagree with this summary, we would be pleasantly shocked should really it verify to be prescient.
Land & Properties designs to stay a major shareholder of Ventas and we are rooting for this Board and management staff to get the appropriate steps to make improvements to the Company’s efficiency. Nonetheless, we will not hesitate to get upcoming action if we deem it needed to ensure that Ventas delivers for shareholders.”
Perspective resource variation on businesswire.com:https://www.businesswire.com/news/household/20220425005360/en/
Speak to: MediaLongacre Square Associates
[email protected] Proxy Consulting
Key word: CONNECTICUT UNITED STATES NORTH The united states
Field Keyword: BANKING Professional Expert services FINANCE
Supply: Land & Structures Financial commitment Administration, LLC
Copyright Enterprise Wire 2022.
PUB: 04/25/2022 09:00 AM/DISC: 04/25/2022 09:02 AM
Copyright Organization Wire 2022.