
Corporate Action21 Apr 2026, 07:31 pm
Altius Telecom InvIT Unitholders Approve Conversion to Public InvIT
AI Summary
Altius Telecom Infrastructure Trust announced that its unitholders have approved key resolutions via postal ballot, with voting concluding on April 21, 2026. The primary resolution involves the conversion of the Trust from a private listed infrastructure investment trust to a public listed infrastructure investment trust, which will be pursued through a public offer of units. Additionally, unitholders approved amendments to both the Indenture of Trust and the Investment Management Agreement. All resolutions passed with the required majority, as confirmed by the Scrutinizer's report, paving the way for the Trust to access a broader investor base.
Key Highlights
- Unitholders approved conversion to a public listed InvIT.
- The conversion will be pursued through a public offer of units.
- Amendments to the Indenture of Trust and Investment Management Agreement were approved.
- All resolutions passed with the requisite majority on April 21, 2026.