News

Withdraw - Notice Of Record And Distribution Payment Date - Capital Component

BackAug 16, 2023
Announcement Title Capital Distribution
Date & Time of Broadcast Aug 16, 2023 12:01
Status Withdraw
Corporate Action Reference SG230814CAPDDX9M
Submitted By (Co./ Ind. Name) Simon Garing
Designation Executive Director and Chief Executive Officer
Dividend/ Distribution Number Applicable
Value 11
Dividend/ Distribution Period 01/01/2023 TO 30/06/2023
Number of Days 181
Event Narrative
Narrative Type Narrative Text
Additional Text Cromwell European Real Estate Investment Trust ("CEREIT") has announced a distributable income of EUR7.790 cents per unit in CEREIT for the period from 1 January 2023 to 30 June 2023 ("Distribution"). The distribution comprises wholly of a capital component ("Capital Distribution").

Please see attached for details.
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 Tuesday, 12 September 2023.
Additional Text No action is needed for Unitholders who wish to receive the Distribution in Singapore dollars.
Additional Text The Capital Distribution represents a return of capital to Unitholders for Singapore income tax purposes and is therefore not subject to income tax.
Additional Text 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 22/08/2023 17:00:00
Ex Date 21/08/2023
Disbursement Details
Cash Payment Details
Payment Type Tax Not Applicable
Gross Rate (per share) EUR 0.0779
Net Rate (per share) EUR 0.0779
Pay Date 28/09/2023
Gross Rate Status Actual Rate
Reason(s) for Withdrawal
Reason(s) for Withdrawal The details provided in this announcement remains accurate and unchanged. However, it will be replaced with a new announcement template released on 16 August 2023.

Applicable for REITs/ Business Trusts/ Stapled Securities

Attachments

  1. Attachment 1 (Size: 123,002 bytes)