News
Notice To Unitholders On Confirmation Of Distribution Amount And Exchange Rate For Computation Of Distribution In Euro
BackSep 21, 2020
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Sep 21, 2020 17:45 |
| Status | Replace |
| 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 | Subsequent to the announcement on the Notice of Record and Distribution Payment Date on 14 August 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 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. |
| 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 |
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Attachments
- Attachment 1 (Size: 303,126 bytes)