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Notice To Unitholders On Confirmation Of Distribution Amount And Despatch Of Notices Of Election Pursuant To The Distribution Reinvestment Plan For The Distribution Period From 1 July 2020 To 4 March 2021

BackMar 11, 2021
Announcement Title Scrip Election/ Distribution/ DRP
Date & Time of Broadcast Mar 11, 2021 8:02
Status Replace
Corporate Action Reference SG210224DVOP0NPX
Submitted By (Co./ Ind. Name) Simon Garing
Designation Chief Executive Officer and Executive Director
Dividend/ Distribution Number Applicable
Value 7
Financial Year End 31/12/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit) EUR 0.0058
Dividend/ Distribution Period 01/01/2021 TO 04/03/2021
Number of Days 63
Event Narrative
Narrative Type Narrative Text
Additional Text Further to the announcements on 23 & 24 Feb 2021 in relation to the Cumulative Distribution, Cromwell EREIT Management Pte Ltd, as Manager of CEREIT, announces that the Cumulative Distribution for the period from 1 Jul 2020 to 4 Mar 2021 has been confirmed at 2.324 cents (EUR) per unit and will be paid on Wed, 31 Mar 2021.

Please see attached.
Additional Text In addition, the Notices of Election pursuant to the DRP for the Cumulative Distribution have been despatched today to all Unitholders of CEREIT whose securities accounts with The Central Depository (Pte) Limited (CDP) are credited with Units as at 5.00 p.m. on Thursday, 4 March 2021 (the "Record Date").

Please see attached.
Additional Text Unitholders who wish to participate in the DRP or receive their Cumulative Distribution in EUR will have to complete the Notice of Election and send it to the Manager c/o The Central Depository (Pte) Limited at the address(es) indicated on the Notices of Election, such that it is received by 5.00 p.m. on Friday, 19 March 2021.
Additional Text 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 04/03/2021 17:00:00
Ex Date 03/03/2021
Option 1-Cash Payment Details
Election Period 11/03/2021 TO 19/03/2021
Default Option Yes
Option Currency Singapore Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) EUR 0.0058
Net Rate (Per Share) EUR 0.0058
Pay Date 31/03/2021
Gross Rate Status Indicative Rate
Currency Pair SGD/EUR
Exchange Rate 1.6
Gross Rate in Option Currency SGD 0.00928
Note- Any information entered in narrative will not be used in processing
Narrative Type Narrative Text
Additional Text The exchange rate of EUR1 = S$1.60 is as of 24 February 2021 and is indicative.
Option 2-Cash Payment Details
Election Period 11/03/2021 TO 19/03/2021
Default Option No
Option Currency Euro
Payment Type Tax Exempted
Gross Rate (Per Share) EUR 0.0058
Net Rate (Per Share) EUR 0.0058
Pay Date 31/03/2021
Gross Rate Status Actual Rate
Security Option Details
Election Period 11/03/2021 TO 19/03/2021
New Security ISIN SG1EA8000000
New Security Name CROMWELL EUROPEAN REIT
Security Not Found No
Fractional Disposition Method Round down fraction to last full unit
Issue/ Reinvestment Price EUR 0.4356
Security Credit Date 31/03/2021

Applicable for REITs/ Business Trusts/ Stapled Securities

Attachments

  1. Confirmation Of Distribution Amount (Size: 146,332 bytes)
  2. Despatch Of NOE (Size: 169,653 bytes)

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