Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
CROMWELL EREIT MANAGEMENT PTE. LTD.
Security
CROMWELL EUROPEAN REIT - SG1EA8000000 - CNNU

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
25-Feb-2020 08:39:56
Status
New
Corporate Action Reference
SG200225DVCA2L81
Submitted By (Co./ Ind. Name)
Simon Garing
Designation
Chief Executive Officer and Executive Director
Dividend/ Distribution Number
Applicable
Value
4
Financial Year End
31/12/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit)
EUR 0.01269
Dividend/ Distribution Period
02/07/2019 TO 31/12/2019
Number of Days
183

Event Narrative

Narrative Type
Narrative Text
Additional TextCromwell European Real Estate Investment Trust ("CEREIT") has announced a distribution of 2.03 cents (EUR) per unit in CEREIT for the period from 2 July 2019 to 31 December 2019, comprising a tax-exempt income component of 1.269 cents (EUR) per unit and a capital component of 0.761 cents (EUR) per unit. Please see attached for details.
Additional TextUnitholders whose Units are held directly through CDP will receive their Distribution in SGD unless Unitholders elect to receive their Distribution in EUR by submitting a completed Distribution Election Notice to CDP by Thursday, 19 March 2020. No action is needed for Unitholders who wish to receive the Distribution in SGD.
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
04/03/2020 17:00:00
Ex Date
03/03/2020

Dividend Details

Payment Type
Tax Exempted
Gross Rate (Per Share)
EUR 0.01269
Net Rate (Per Share)
EUR 0.01269
Pay Date
30/03/2020
Gross Rate Status
Actual Rate

Attachments

CEREIT Record and Distribution Payment Date.pdf
Total size =220K

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Applicable for REITs/ Business Trusts/ Stapled Securities