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Notice Of Record And Distribution Payment Date - Tax-Exempt Income Distribution

BackFeb 27, 2020
Announcement Title Cash Dividend/ Distribution
Date & Time of Broadcast Feb 27, 2020 12:17
Status New
Corporate Action Reference SG200227DVCAZ86T
Submitted By (Co./ Ind. Name) Simon Garing
Designation Chief Executive Officer and Executive Director
Dividend/ Distribution Number Applicable
Value 4
Financial Year End 31/12/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit) EUR 0.01269
Dividend/ Distribution Period 02/07/2019 TO 31/12/2019
Number of Days 183
Event Narrative
Narrative Type Narrative Text
Additional Text The cash distribution announcement released on 25 February 2020 at 8.39 AM has been withdrawn and replaced with this announcement using the suitable announcement template as advised by SGX.
Additional Text Cromwell European Real Estate Investment Trust ("CEREIT") has announced a distribution of 2.03 cents (EUR) per unit in CEREIT for the period from 2 July 2019 to 31 December 2019, comprising a tax-exempt income component of 1.269 cents (EUR) per unit and a capital component of 0.761 cents (EUR) per unit. Please see attached for details.
Additional Text Unitholders whose Units are held directly through CDP will receive their Distribution in SGD unless Unitholders elect to receive their Distribution in EUR by submitting a completed Distribution Election Notice to CDP by Thursday, 19 March 2020. No action is needed for Unitholders who wish to receive the Distribution in SGD.
Taxation Conditions The Tax-exempt Income Distribution is exempt from tax in the hands of all Unitholders. No tax will be deducted at source.
Event Dates
Record Date and Time 04/03/2020 17:00:00
Ex Date 03/03/2020
Option 1-Cash Payment Details
Election Period 10/03/2020 TO 19/03/2020
Default Option Yes
Option Currency Singapore Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) EUR 0.01269
Net Rate (Per Share) EUR 0.01269
Pay Date 30/03/2020
Gross Rate Status Indicative Rate
Currency Pair SGD/EUR
Exchange Rate 1.52
Gross Rate in Option Currency SGD 0.019289
Note- Any information entered in narrative will not be used in processing
Narrative Type Narrative Text
Additional Text The exchange rate of EUR1 = S$1.52 is as of 25 February 2020 and is indicative.
Option 2-Cash Payment Details
Election Period 10/03/2020 TO 19/03/2020
Default Option No
Option Currency Euro
Payment Type Tax Exempted
Gross Rate (Per Share) EUR 0.01269
Net Rate (Per Share) EUR 0.01269
Pay Date 30/03/2020
Gross Rate Status Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities

Attachments

  1. Attachment 1 (Size: 225,350 bytes)

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