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

Issuer & Securities

Issuer/ Manager
ELITE UK REIT MANAGEMENT PTE. LTD.
Security
ELITE UK REIT - SGXC59097235 - MXNU

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
20-Sep-2024 17:42:23
Status
Replacement
Corporate Action Reference
SG240807DVOPDL3R
Submitted By (Co./ Ind. Name)
Liaw Liang Huat Joshua
Designation
CEO
Dividend/ Distribution Number
Applicable
Value
10
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2024
Declared Dividend/ Distribution Rate (Per Share/ Unit)
GBP 0.014
Dividend/ Distribution Period
01/01/2024 TO 30/06/2024
Number of Days
182

Event Narrative

Narrative Type
Narrative Text
Additional TextPlease refer to the attached issue and listing of 7,108,829 new units under the Distribution Reinvestment Plan.
Additional TextElite UK REIT has announced a distribution of GBP 1.40 pence per unit for the period from 1 January 2024 to 30 June 2024.
Taxation ConditionsThe Distribution will be out of tax-exempt income and therefore exempt from Singapore income tax in the hands of all Unitholders.
Additional TextPlease refer to the attached.

Event Dates

Record Date
16/08/2024
Ex Date
15/08/2024

Option 1-Cash Payment Details

Election Period
28/08/2024 TO 05/09/2024
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
GBP 0.014
Net Rate (Per Share)
GBP 0.014
Pay Date
23/09/2024
Gross Rate Status
Actual Rate
Currency Pair
SGD/GBP
Exchange Rate
1.705
Gross Rate in Option Currency
SGD 0.02387

Option 2-Cash Payment Details

Election Period
28/08/2024 TO 05/09/2024
Default Option
No
Option Currency
United Kingdom Pound
Payment Type
Tax Exempted
Gross Rate (Per Share)
GBP 0.014
Net Rate (Per Share)
GBP 0.014
Pay Date
23/09/2024
Gross Rate Status
Actual Rate

Security Option Details

Election Period
28/08/2024 TO 05/09/2024
New Security ISIN
SGXC59097235
New Security Name
ELITE UK REIT
Security Not Found
No
Fractional Disposition Method
Round down fraction to last full unit
Issue/ Reinvestment Price
GBP 0.2493
Security Credit Date
23/09/2024

Attachments

Elite UK REIT-Issue and Listing of New Units Under the DRP.pdf
Total size =123K

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Applicable for REITs/ Business Trusts/ Stapled Securities