News

Notice Of Record And Distribution Payment Date

BackAug 14, 2020
Announcement Title Capital Distribution
Date & Time of Broadcast Aug 14, 2020 21:58
Status New
Corporate Action Reference SG200814CAPD5PG4
Submitted By (Co./ Ind. Name) Simon Garing
Designation Chief Executive Officer and Executive Director
Dividend/ Distribution Number Applicable
Value 5
Financial Year End 31/12/2020
Dividend/ Distribution Period 01/01/2020 TO 30/06/2020
Number of Days 182
Event Narrative
Narrative Type Narrative Text
Additional Text Cromwell European Real Estate Investment Trust ("CEREIT") has announced a distribution of 1.74 cents (EUR) per unit in CEREIT for the period from 1 January 2020 to 30 June 2020 (the "Distribution"). The Distribution will comprise wholly of a capital component of 1.74 cents (EUR) per unit.

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 SGD unless Unitholders elect to receive their Distribution in EUR by submitting a completed Distribution Election Notice to CDP (as indicated on the Distribution Election Notice) by Monday, 14 September 2020.
Additional Text No action is needed for Unitholders who wish to receive the Distribution in SGD.
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. 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 24/08/2020 17:00:00
Ex Date 21/08/2020
Disbursement Details
Cash Payment Details
Payment Type Tax Not Applicable
Gross Rate (per share) EUR 0.0174
Net Rate (per share) EUR 0.0174
Pay Date 28/09/2020
Gross Rate Status Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities

Attachments

  1. Attachment 1 (Size: 40,927 bytes)