Woodfine Common Shares
content(investments): add Plan of Distribution and Woodfine Common Shares articles (held gaps, operator-authorized)
@@ -0,0 +1,44 @@ --- schema: foundry-doc-v1 title: "Woodfine Common Shares" slug: woodfine-common-shares category: investments index_group: legal-form-and-jurisdiction type: topic content_type: topic quality: complete short_description: "The parent-level equity of Woodfine Capital Projects Inc. itself — distinct from the Investment Units issued by each Direct-Hold Solution vehicle." status: active audience: public bcsc_class: forward-looking language_protocol: PROSE-TOPIC last_edited: 2026-09-08 editor: pointsav-engineering paired_with: woodfine-common-shares.es.md cites: [] --- Woodfine Common Shares are the equity of [[corporate-structure|Woodfine Capital Projects Inc.]] ("Woodfine") itself — the parent holding company that acts as Developer and Promoter of the Direct-Hold Solutions. This is a distinct instrument from the Investment Units each Direct-Hold Solution vehicle issues: a Common Share is an ownership interest in Woodfine at the parent level, while an Investment Unit is an interest in one named vehicle, tied to a specific property or portfolio. This article covers what that distinction means and what is, and is not, currently disclosed about Woodfine's own share ownership. ## Key takeaways - A Woodfine Common Share represents ownership in the parent holding company; an Investment Unit represents ownership in one Direct-Hold Solution vehicle. The two are legally and economically separate instruments. - Woodfine owns 100% of the subsidiaries that serve as each vehicle's governing entity and promoter-equity company — Common Share ownership sits above that entire structure, not within any single vehicle. - No offering of Woodfine Common Shares has been made, and no principal-shareholder, pricing, or use-of-proceeds disclosure for such an offering exists as of this article. ## Parent-level equity, not vehicle-level equity [[corporate-structure|Woodfine Capital Projects Inc.]] is the holding company that originates and develops the Direct-Hold Solutions through its subsidiaries. It owns 100% of those subsidiaries and acts as their Developer and Promoter; its own activities exclude managing capital, funds, or financial assets on behalf of third parties. Ownership of Woodfine itself — a Woodfine Common Share — is therefore an interest in the parent entity that sits above every Direct-Hold Solution vehicle, its governing entity, and its promoter-equity company, rather than an interest tied to any single vehicle or property. This is the structural reason the two instruments are never interchangeable. An investor who holds Investment Units in [[professional-centres-canada-lp-structure|Professional Centres Canada LP]] holds an interest in that one partnership and the properties it owns — nothing more, and nothing in any other vehicle. An investor who holds Woodfine Common Shares holds an interest in the parent company that originates all four planned vehicles, but no direct interest in any one of them or their underlying properties. [[direct-hold-solutions-structural-comparison|Direct-Hold Solutions]] are designed so that a Common Share and an Investment Unit are never the same claim on the same asset. ## What this is not This article describes what a Woodfine Common Share is structurally — it is not an offering document, and it does not disclose an offering price, a float percentage, a use-of-proceeds breakdown, or Woodfine's principal-shareholder composition. None of that information is public as of this article, and none of it is asserted, estimated, or implied here. Woodfine's own capital-management activities remain limited to originating and developing the Direct-Hold Solutions rather than managing third-party capital, funds, or financial assets. Any future offering of Woodfine Common Shares, and the disclosure that would accompany it, is a planned matter subject to change, not a commitment described by this article. ## See also - [[corporate-structure]] — Woodfine's own holding-company structure, its subsidiaries, and its role as Developer and Promoter - [[four-jurisdiction-framework]] — the four Direct-Hold Solution vehicles Woodfine originates, each issuing its own Investment Units - [[investment-units]] — what an Investment Unit represents at the vehicle level, for contrast with a Woodfine Common Share - [[direct-hold-solutions-structural-comparison]] — how Direct-Hold Solutions keep vehicle-level and parent-level claims separate