News
Notice Of Record And Distribution Payment Date - Capital Distribution
BackAug 12, 2022
| Announcement Title | Cash Dividend/ Distribution | ||||||
| Date & Time of Broadcast | Aug 12, 2022 8:16 | ||||||
| Status | New | ||||||
| Corporate Action Reference | SG220812DVCAXCUR | ||||||
| Submitted By (Co./ Ind. Name) | Simon Garing | ||||||
| Designation | Chief Executive Officer and Executive Director | ||||||
| Dividend/ Distribution Number | Applicable | ||||||
| Value | 9 | ||||||
| Dividend/ Distribution Type | Interim | ||||||
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | EUR 0.01529 | ||||||
| Dividend/ Distribution Period | 01/01/2022 TO 30/06/2022 | ||||||
| Number of Days | 181 | ||||||
| Event Narrative | |||||||
| Narrative Type | Narrative Text | ||||||
| Additional Text | CEREIT has announced a distribution of 8.695 cents (EUR) per unit in CEREIT for the period from 1 Jan 2022 to 30 Jun 2022. The Distribution comprises two components: i) Distribution out of tax-exempt income of 7.166 cents (EUR) per Unit; and ii) Distribution out of capital of 1.529 cents (EUR) per Unit. Please refer to the attachment for details. |
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| Additional Text | Registered Unitholders (other than CDP) and Unitholders whose Units are held directly through CDP will receive their Distribution in Singapore dollars, unless Unitholders elect to receive their Distribution in Euro by submitting a completed Currency Election Notice to CDP by Monday, 12 Sep 2022. | ||||||
| Additional Text | No action is needed for Unitholders who wish to receive the Distribution in Singapore dollars. | ||||||
| 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 | 23/08/2022 17:00:00 | ||||||
| Ex Date | 22/08/2022 | ||||||
| Option 1-Cash Payment Details | |||||||
| Election Period | 31/08/2022 TO 12/09/2022 | ||||||
| Default Option | Yes | ||||||
| Option Currency | Singapore Dollar | ||||||
| Payment Type | Tax Not Applicable | ||||||
| Gross Rate (Per Share) | EUR 0.01529 | ||||||
| Net Rate (Per Share) | EUR 0.01529 | ||||||
| Pay Date | 28/09/2022 | ||||||
| Gross Rate Status | Indicative Rate | ||||||
| Currency Pair | SGD/EUR | ||||||
| Exchange Rate | 1.39961 | ||||||
| Gross Rate in Option Currency | SGD 0.0214 | ||||||
| Note- Any information entered in narrative will not be used in processing | |||||||
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| Option 2-Cash Payment Details | |||||||
| Election Period | 31/08/2022 TO 12/09/2022 | ||||||
| Default Option | No | ||||||
| Option Currency | Euro | ||||||
| Payment Type | Tax Not Applicable | ||||||
| Gross Rate (Per Share) | EUR 0.01529 | ||||||
| Net Rate (Per Share) | EUR 0.01529 | ||||||
| Pay Date | 28/09/2022 | ||||||
| Gross Rate Status | Actual Rate | ||||||
| Note- Any information entered in narrative will not be used in processing | |||||||
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Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 165,551 bytes)