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Notice To Unitholders On Exchange Rate For Computation Of Distribution In Euro - Capital Distribution

BackMar 23, 2022
Announcement Title Scrip Election/ Distribution/ DRP
Date & Time of Broadcast Mar 23, 2022 19:03
Status Replace
Corporate Action Reference SG220223DVOP5H8T
Submitted By (Co./ Ind. Name) Simon Garing
Designation Chief Executive Officer and Executive Director
Dividend/ Distribution Number Applicable
Value 8
Dividend/ Distribution Type Final
Financial Year End 31/12/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit) EUR 0.03825
Dividend/ Distribution Period 01/07/2021 TO 31/12/2021
Number of Days 184
Event Narrative
Narrative Type Narrative Text
Additional Text Please refer to the attached announcement titled "NOTICE TO UNITHOLDERS ON EXCHANGE RATE FOR COMPUTATION OF DISTRIBUTION IN EURO".
Taxation Conditions The Capital Distribution represents a return of capital to Unitholders for Singapore income tax purposes and is therefore not subject to income tax.
Taxation Conditions For Unitholders who hold the Units as trading assets, the amount of capital gain distribution will be applied to reduce the cost base of their Units for the purpose of calculating the amount of taxable trading gains arising from the disposal of the Units.
Event Dates
Record Date and Time 03/03/2022 17:00:00
Ex Date 02/03/2022
Option 1-Cash Payment Details
Election Period 10/03/2022 TO 18/03/2022
Default Option Yes
Option Currency Singapore Dollar
Payment Type Tax Not Applicable
Gross Rate (Per Share) EUR 0.03825
Net Rate (Per Share) EUR 0.03825
Pay Date 31/03/2022
Gross Rate Status Actual Rate
Currency Pair SGD/EUR
Exchange Rate 1.4912
Gross Rate in Option Currency SGD 0.057038
Note- Any information entered in narrative will not be used in processing
Narrative Type Narrative Text
Additional Text The exchange rate of EUR1 = S$1.4912 is as of 23 March 2022.
Option 2-Cash Payment Details
Election Period 10/03/2022 TO 18/03/2022
Default Option No
Option Currency Euro
Payment Type Tax Not Applicable
Gross Rate (Per Share) EUR 0.03825
Net Rate (Per Share) EUR 0.03825
Pay Date 31/03/2022
Gross Rate Status Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type Narrative Text
Taxation Conditions The Capital Distribution represents a return of capital to Unitholders for Singapore income tax purposes and is therefore not subject to income tax.
Taxation Conditions For Unitholders who hold the Units as trading assets, the amount of capital gain distribution will be applied to reduce the cost base of their Units for the purpose of calculating the amount of taxable trading gains arising from the disposal of the Units.
Security Option Details
Election Period 10/03/2022 TO 18/03/2022
New Security ISIN SGXC37098255
New Security Name CROMWELL EUROPEAN REIT
Security Not Found No
Fractional Disposition Method Round down fraction to last full unit
Issue/ Reinvestment Price EUR 2.2409
Security Credit Date 31/03/2022

Applicable for REITs/ Business Trusts/ Stapled Securities

Attachments

  1. Attachment 1 (Size: 123,066 bytes)

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