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

Issuer & Securities

Issuer/ Manager
CROMWELL EREIT MANAGEMENT PTE. LTD.
Security
CROMWELL EUROPEAN REIT - SGXC37098255 - CWBU

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
16-Sep-2021 17:32:37
Status
Replacement
Corporate Action Reference
SG210813DVOPBOMD
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 0.05602
Dividend/ Distribution Period
05/03/2021 TO 30/06/2021
Number of Days
118

Event Narrative

Narrative Type
Narrative Text
Additional TextPlease refer to the attached announcement titled "NOTICE TO UNITHOLDERS ON EXCHANGE RATE FOR COMPUTATION OF DISTRIBUTION IN EURO".
Taxation ConditionsThe 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
23/08/2021 17:00:00
Ex Date
20/08/2021

Option 1-Cash Payment Details

Election Period
30/08/2021 TO 10/09/2021
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
EUR 0.05602
Net Rate (Per Share)
EUR 0.05602
Pay Date
28/09/2021
Gross Rate Status
Actual Rate
Currency Pair
SGD/EUR
Exchange Rate
1.5825
Gross Rate in Option Currency
SGD 0.088652
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional TextThe exchange rate of EUR1 = S$1.5825 is as of 16 September 2021.

Option 2-Cash Payment Details

Election Period
30/08/2021 TO 10/09/2021
Default Option
No
Option Currency
Euro
Payment Type
Tax Exempted
Gross Rate (Per Share)
EUR 0.05602
Net Rate (Per Share)
EUR 0.05602
Pay Date
28/09/2021
Gross Rate Status
Actual Rate

Security Option Details

Election Period
23/08/2021 TO 10/09/2021
New Security ISIN
SGXC37098255
New Security Name
CROMWELL EUROPEAN REIT
Security Not Found
No
Fractional Disposition Method
Round down fraction to last full unit
Issue/ Reinvestment Price
EUR 2.4189
Security Credit Date
28/09/2021

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities