Power REIT (NYSEMKT:PW) Files An 8-K Submission of Matters to a Vote of Security Holders

Power REIT (NYSEMKT:PW) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Shareholders

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Power REIT’s (the “Trust”) 2018 Annual Meeting of shareholders was held on September 26, 2018. For more information on the following proposals, see the company’s proxy statement dated August 31, 2018, the relevant portions of which are incorporated herein by reference.

Below are the final voting results.

1) Shareholders elected each of the five nominees to the Board of Trustees for a one-year term.
For Withheld
David H. Lesser 590,565 54,756
Virgil E. Wenger 539,145 106,176
Patrick R. Haynes, III 531,905 113,416
William S. Susman 527,451 117,870
Justinian Hobor 592,313 53,008
2) Shareholders ratified MaloneBailey LLP as the Trust’s independent audit firm for 2016.
For Against Abstain
1,308,621 45,115 53,566


Power REIT is a real estate investment trust (REIT) that holds, develops, acquires and manages real estate assets related to transportation and energy infrastructure in the United States. The Company, within the transportation and energy infrastructure sectors, is focused on making new acquisitions of real estate that are or will be leased to renewable energy generation projects, such as utility-scale solar farms and wind farms. It is structured as a holding company and owns its assets through its subsidiaries. Its assets include approximately 112 miles of railroad infrastructure and related real estate, which is owned by its subsidiary Pittsburgh & West Virginia Railroad (P&WV) and approximately 601 acres of fee simple land leased to a range of solar power generating projects with an aggregate generating capacity of approximately 108 Megawatts (MW). It is engaged in expanding its portfolio of real estate related to renewable energy generation projects.

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