POULSBO, Wash., Nov. 15, 2019 /PRNewswire/ -- Pope Resources
(NASDAQ:POPE) announced today that it has suspended its
distribution reinvestment plan ("DRP") until further notice.
Computershare Trust Company, N.A., (the "Administrator")
administers the DRP. Unitholders are not required to take any
action, but they may contact the Administrator should they wish to
make any changes to their account. Pope Resources can offer no
assurances as to whether or when the DRP will be reactivated.
The Administrator may be contacted at the following address:
Computershare, P.O. Box 50500, Louisville, KY 40233-5000. In addition, you
may call the Administrator at (877) 255-0989 or contact the
Administrator via the Internet at
www.computershare.com/investor.
About Pope Resources
Pope Resources, a publicly traded limited partnership, and its
subsidiaries Olympic Resource Management and Olympic Property
Group, own and manage 120,000 acres of timberland and 1,800 acres
of development property in Washington. In addition, Pope Resources
co-invests in and consolidates three private equity timber funds
that own 141,000 acres of timberland in Washington, Oregon, and California. The Partnership and its
predecessor companies have owned and managed timberlands and
development properties for over 165 years. Additional information
on the company can be found at www.poperesources.com. The contents
of our website are not incorporated into this release or into our
filings with the Securities and Exchange Commission.
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SOURCE Pope Resources