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

Issuer & Securities

Issuer/ Manager
UNITED HAMPSHIRE US REIT MANAGEMENT PTE. LTD.
Security
UNITED HAMPSHIRE US REIT - SGXC39411175 - ODBU

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
22-Sep-2022 18:21:20
Status
Replacement
Corporate Action Reference
SG220812DVOPJK8T
Submitted By (Co./ Ind. Name)
Winnie Yap
Designation
Finance Director
Dividend/ Distribution Number
Applicable
Value
6
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit)
USD 0.0189
Dividend/ Distribution Period
01/01/2022 TO 30/06/2022
Number of Days
181

Event Narrative

Narrative Type
Narrative Text
Additional TextUnited Hampshire US REIT is pleased to announce the distribution of US 2.91 cents per unit for the period from 1 January 2022 to 30 June 2022 which comprises two components:

(a) Distribution out of tax-exempt income of US 1.89 cents per unit and
(b) Distribution out of capital of US 1.02 cents per unit.
Additional TextUnited Hampshire US REIT Management Pte Ltd, as manager of United Hampshire US REIT, has determined that the distribution reinvestment plan (DRP) will apply to the above distribution.

Please refer to the attached Notice of Record Date and Application of DRP announcement.
Taxation ConditionsPlease refer to the attached announcement for details.
Additional TextPlease refer to the attached announcement on the exchange rate of US$1 = S$1.4185, being the buy rate for Singapore dollars on 22 September 2022. For unitholders who have not opted to receive their distribution in U.S. dollars, the amount of distribution to be paid in Singapore dollars will be computed based on this exchange rate..

Event Dates

Record Date and Time
22/08/2022 17:00:00
Ex Date
19/08/2022

Cash Payment Details

Election Period
26/08/2022 TO 08/09/2022
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
USD 0.0189
Net Rate (Per Share)
USD 0.0189
Pay Date
28/09/2022
Gross Rate Status
Indicative Rate
Currency Pair
SGD/USD
Exchange Rate
1.4185
Gross Rate in Option Currency
SGD 0.02681

Security Option Details

Election Period
26/08/2022 TO 08/09/2022
New Security ISIN
SGXC39411175
New Security Name
UNITED HAMPSHIRE US REIT
Security Not Found
Yes
Fractional Disposition Method
Round down fraction to last full unit
Issue/ Reinvestment Price
USD 0.587
Security Credit Date
28/09/2022

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities