News
Notice To Unitholders On Confirmation Of Distribution Amount And Exchange Rate For Computation Of Distribution In Euro - Tax-Exempt Income Distribution
BackMar 24, 2020
| Announcement Title | Cash Dividend/ Distribution | ||||
| Date & Time of Broadcast | Mar 24, 2020 8:08 | ||||
| Status | Replace | ||||
| 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 | Subsequent to the replacement announcement on the Notice of Record and Distribution Payment Date on 27 February 2020, the Notice to Unitholders on Confirmation of Distribution Amount and Exchange Rate for Computation of Distribution in Euro is attached. | ||||
| 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. | ||||
| 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 | Actual Rate | ||||
| Currency Pair | SGD/EUR | ||||
| Exchange Rate | 1.553 | ||||
| Gross Rate in Option Currency | SGD 0.019708 | ||||
| Note- Any information entered in narrative will not be used in processing | |||||
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| 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 |
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Attachments
- Attachment 1 (Size: 144,323 bytes)