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Wheeler REIT shareholder proposes 2 board nominees

Wheeler Real Estate Investment Trust Inc. disclosed that WCP Real Estate Fund IV LP is nominating Sean Armstrong and Howard Fife for election to the company's board at the 2018 annual shareholder meeting.

WCP Real Estate Fund IV, WCP Real Estate Fund IV (ERISA) LP and certain other managed accounts to which WCP LLC is the investment manager, together with members of WCP LLC's investment committee, including Armstrong, reported beneficial ownership of 813,641 common shares, or 9.3%, of Wheeler REIT's common stock.