REPL::Cash Dividend/ Distribution::Choice

Issuer & Securities

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

Announcement Details

Announcement Title
Cash Dividend/ Distribution with Choice
Date &Time of Broadcast
19-Sep-2022 19:04:31
Status
Replacement
Corporate Action Reference
SG220812DVCAXCUR
Submitted By (Co./ Ind. Name)
Simon Garing
Designation
Chief Executive Officer and Executive Director
Dividend/ Distribution Number
Applicable
Value
9
Dividend/ Distribution Type
Interim
Declared Dividend/ Distribution Rate (Per Share/ Unit)
EUR 0.01529
Dividend/ Distribution Period
01/01/2022 TO 30/06/2022
Number of Days
181

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 Capital Distribution represents a return of capital to Unitholders for Singapore income tax
purposes and is therefore not subject to income tax.
Taxation ConditionsFor Unitholders who hold the Units as trading assets, the amount of capital gain distribution will be applied to reduce the cost base of their Units for the purpose of calculating the amount of taxable trading gains arising from the disposal of the Units.

Event Dates

Record Date and Time
23/08/2022 17:00:00
Ex Date
22/08/2022

Option 1-Cash Payment Details

Election Period
31/08/2022 TO 12/09/2022
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
EUR 0.01529
Net Rate (Per Share)
EUR 0.01529
Pay Date
28/09/2022
Gross Rate Status
Actual Rate
Currency Pair
SGD/EUR
Exchange Rate
1.406
Gross Rate in Option Currency
SGD 0.021498
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional TextThe exchange rate of EUR1 = S$1.4060 is as of 19 September 2022.

Option 2-Cash Payment Details

Election Period
31/08/2022 TO 12/09/2022
Default Option
No
Option Currency
Euro
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
EUR 0.01529
Net Rate (Per Share)
EUR 0.01529
Pay Date
28/09/2022
Gross Rate Status
Actual Rate
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Taxation ConditionsThe Capital Distribution represents a return of capital to Unitholders for Singapore income tax
purposes and is therefore not subject to income tax.
Taxation ConditionsFor Unitholders who hold the Units as trading assets, the amount of capital gain distribution will be applied to reduce the cost base of their Units for the purpose of calculating the amount of taxable trading gains arising from the disposal of the Units.

Attachments

CEREIT_Notice_Of_Exch_Rate_19Sep2022.pdf
Total size =113K

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Applicable for REITs/ Business Trusts/ Stapled Securities