Ashford Trust Announces Approval Of The Stock Issuance Proposal At The Special Meeting Of Stockholders

DALLAS, Oct. 6, 2020 /PRNewswire/ — Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) today announced that holders of the Company’s common stock (the “Common Stock”) voted to approve our issuance of up to 126,048,813 shares of Common Stock in connection with the offer to exchange any and all shares of the Company’s preferred stock for cash or shares of Common Stock (the “Exchange Offers”), in accordance with Rule 312.03(c) of the NYSE Listed Company Manual (the “Stock Issuance Proposal”). The shares of Common Stock voted in favor of the Stock Issuance Proposal represented 67.8% of votes cast thereon.

The Company also announced that it has partially adjourned its Special Meeting of Stockholders (the “Special Meeting”) held on October 6, 2020 to provide holders of Common Stock additional time to vote on the proposal to amend the Company’s corporate charter (the “Charter Amendment Proposal”), as currently in

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