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Additional Text | Cromwell European Real Estate Investment Trust ("CEREIT") has announced an estimated advanced distribution of 0.58 cents (EUR) per unit in CEREIT for the period from 1 January 2021 to 4 March 2021 (the "Advanced Distribution"). |
Additional Text | The Advanced Distribution will comprise wholly of a tax-exempt income component of 0.58 cents (EUR) per unit.
Please see attached for details. |
Additional Text | Together with the regular distribution of the distributable income for the period from 1 July 2020 to 31 December 2020, the "Cumulative Distribution" comprises: |
Additional Text | i) a distribution of 1.744 cents (EUR) per unit for the period from 1 July 2020 to 31 December 2020 ("2H FY20 Distribution") (announced on 23 February 2021) and (ii) the estimated advanced distribution of 0.58 cents (EUR) per unit for the period from 1 January 2021 to 4 March 2021 ("Advanced Distribution"). |
Additional Text | Cromwell EREIT Management Pte. Ltd., as manager of CEREIT, is pleased to announce that the Distribution Reinvestment Plan ("DRP") is applicable to the Cumulative Distribution. |
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. |