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

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS BANK LIMITED
Security
UNITED OVERSEAS BANK LIMITED - SG1M31001969 - U11

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
28-Aug-2020 17:34:42
Status
Replacement
Corporate Action Reference
SG200806DVOPLY3K
Submitted By (Co./ Ind. Name)
Theresa Sim
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
127
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2020
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.39

Event Narrative

Narrative Type
Narrative Text
Additional TextNotice is hereby given that the Transfer Books and Register of Members of the Bank will be closed from 5.00 p.m. on 27 August 2020 up to (and including) 28 August 2020 for the purpose of determining the entitlements of Shareholders to the FY20 Interim Dividend.
Additional TextDuly completed registrable transfers received by the Bank's Share Registrar, Boardroom Corporate & Advisory Services Pte Ltd, at 50 Raffles Place, Singapore Land Tower #32-01, Singapore 048623 up to 5.00 p.m. on 27 August 2020 will be registered before entitlements to the FY20 Interim Dividend are determined.
Additional TextShareholders whose securities accounts with CDP are credited with Shares as at 5.00 p.m. on 27 August 2020 will rank for the FY20 Interim Dividend.
Additional TextThe FY20 Interim Dividend will be paid on 13 October 2020 . The new Shares are also expected to be listed on 13 October 2020.
Additional TextFY20 Interim Dividend - Issue price of new Share for Scrip Dividend - $19.52

Event Dates

Record Date and Time
27/08/2020 17:00:00
Ex Date
26/08/2020

Cash Payment Details

Election Period
08/09/2020 TO 21/09/2020
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.39
Net Rate (Per Share)
SGD 0.39
Pay Date
13/10/2020
Gross Rate Status
Actual Rate

Security Option Details

Election Period
08/09/2020 TO 21/09/2020
New Security ISIN
SG1M31001969
New Security Name
UNITED OVERSEAS BANK LIMITED
Security Not Found
No
Fractional Disposition Method
Standard
Issue/ Reinvestment Price
SGD 19.52
Security Credit Date
13/10/2020

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities