REPL::Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS BANK LIMITED
Security
UNITED OVERSEAS BANK LTD - SG1M31001969 - U11

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
04-Jan-2016 19:47:40
Status
Replacement
Corporate Action Reference
SG151030DVOPMW4D
Submitted By (Co./ Ind. Name)
Joyce Sia
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
117
Dividend/ Distribution Type
Special
Financial Year End
31/12/2015
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.2

Event Narrative

Narrative Type
Narrative Text
Additional TextTo commemorate UOB's 80th anniversary, the Board is pleased to declare a one-off 80th Anniversary dividend of 20 cents per ordinary share. Shareholders have the option to receive the dividend in cash and/or new UOB shares.
Additional TextNOTICE IS HEREBY GIVEN that the Transfer Books and Register of Members of the Bank will be closed from 5.00 p.m. on 18 November 2015 up to (and including) 20 November 2015 for the purpose of determining the entitlements of Shareholders to the dividend.
Additional TextDuly completed registrable transfers received by the Bank's share registrar, Boardroom Corporate & Advisory Services Pte Ltd at 50 Raffles Place, Singapore Land Tower #32-01, Singapore 048623 up to 5.00 p.m. on 18 November 2015 will be registered before entitlements to the dividend are determined.
Additional TextShareholders whose securities accounts with CDP are credited with Shares as at 5.00 p.m. on 18 November 2015 will rank for the dividend.
Additional TextThe dividend will be paid on 4 January 2016
Additional TextUOB80 Dividend-Issue Price of New Share for Scrip Dividend - $19.78
Additional TextUOB80 Dividend-Despatch of Notice of Election
Additional TextUOB80 Dividend-Allotment and Issue of New Shares pursuant to Scrip Dividend Scheme

Event Dates

Record Date and Time
18/11/2015 17:00:00
Ex Date
16/11/2015

Cash Payment Details

Election Period
30/11/2015 TO 11/12/2015
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.2
Net Rate (Per Share)
SGD 0.2
Pay Date
04/01/2016
Gross Rate Status
Actual Rate

Security Option Details

Election Period
30/11/2015 TO 11/12/2015
New Security ISIN
SG1M31001969
New Security Name
UNITED OVERSEAS BANK LTD
Security Not Found
No
Issue/ Reinvestment Price
SGD 19.78

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities