VOTE NO – VOTE AGAINST ALL RESOLUTIONS
CURRENT MANAGEMENT DRIVING UNITHOLDER VALUE
THE PROPOSAL TO REPLACE RESPONSIBLE ENTITY JEOPARDISES STRATEGY WITH NO STATED ALTERNATIVE
PROPOSED REPLACEMENT RESPONSIBLE ENTITY ALSO HAS NO KNOWN STRATEGY/AGENDA
WAM’S INTENTIONS ARE UNDISCLOSED
By now you would have received a Notice of Meeting of unitholders in the Aurora Property Buy-Write Income Trust (AUP) scheduled to be held on 6 December 2016 (Meeting) from entities associated with Wilson Asset Management (WAM), seeking to replace your Responsible Entity (RE), Aurora Funds Management Limited (Aurora).
The Directors of Aurora are considering the validity of the Notice of Meeting and the eligibility of those entities stated to have convened the Meeting.
In the meantime, the Directors strongly recommend that you vote your AUP Units AGAINST all resolutions set out in the Notice of Meeting, and an additional proxy form accompanies this letter which allows you to appoint a representative of Aurora as your proxy should you be unable to attend the Meeting. The costs associated with the production and distribution of this letter are being met by Aurora itself and not by AUP.
Read more here.