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
24-Aug-2021 20:21:57
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 Text
Please refer to the attached announcement titled "ISSUE PRICE OF NEW UNITS PURSUANT TO THE DISTRIBUTION REINVESTMENT PLAN FOR THE DISTRIBUTION PERIOD FROM 5 MARCH 2021 TO 30 JUNE 2021".
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
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
Indicative Rate
Currency Pair
SGD/EUR
Exchange Rate
1.59
Gross Rate in Option Currency
SGD 0.089072
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional Text
The exchange rate of EUR1 = S$1.59 is as of 13 August 2021 and is indicative.
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
CEREIT_DRP_Unit_Issue_Price_24Aug2021.pdf
Total size =126K
Related Announcements
Related Announcements
16/09/2021 17:32:37
30/08/2021 17:19:20
13/08/2021 08:42:49
Applicable for REITs/ Business Trusts/ Stapled Securities