Landmark Infrastructure Partners LP (NASDAQ:LMRK) Files An 8-K Other Events

Landmark Infrastructure Partners LP (NASDAQ:LMRK) Files An 8-K Other Events
Item 8.01 Other Events.

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As a result of the payment on February 14, 2018 by Landmark Infrastructure Partners LP (the “Partnership”) of the Partnership’s distribution for the fourth quarter of 2017, the financial tests required for conversion of all of the Partnership’s outstanding subordinated units into common units have been satisfied.

As a result, all of the Partnership’s subordinated units, which are owned by Landmark Dividend LLC, our Sponsor, have converted on a one-for-one basis into common units effective February 15, 2018. The conversion of the subordinated units does not impact the amount of cash distributions paid by the Partnership or the total number of its outstanding units. The subordinated units were issued by the Partnership in connection with its initial public offering in November 2014.


About Landmark Infrastructure Partners LP (NASDAQ:LMRK)

Landmark Infrastructure Partners LP is engaged in acquiring, owning and managing a portfolio of real property interests. The Company leases its properties to companies in the wireless communication, outdoor advertising and renewable power generation industries. Its segments include Wireless Communication, Outdoor Advertising, Renewable Power Generation and Corporate. The Wireless Communication segment consists of leasing real property interests to companies in the wireless communication industry in the United States. The Outdoor Advertising segment consists of leasing real property interests to companies in the outdoor advertising industry in the United States. The Renewable Power Generation segment consists of leasing real property interests to companies in the renewable power industry in the United States. Its property interests underlie its tenants’ infrastructure assets, including freestanding cellular towers and rooftop wireless sites, billboards, wind turbines and solar arrays.

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