Notice To Unitholders On Exchange Rate For Computation Of Distribution In Pounds
BackMar 22, 2023
| Announcement Title | Scrip Election/ Distribution/ DRP |
| Date & Time of Broadcast | Mar 22, 2023 17:34 |
| Status | Replace |
| Corporate Action Reference | SG230214DVOPA59U |
| Submitted By (Co./ Ind. Name) | Shaldine Wang |
| Designation | CEO |
| Dividend/ Distribution Number | Applicable |
| Value | 7 |
| Financial Year End | 31/12/2022 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | GBP 0.0225 |
| Dividend/ Distribution Period | 01/07/2022 TO 31/12/2022 |
| Number of Days | 184 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Subsequent to the announcement on Notice of Record and Distribution Payment Date released on 14 February 2023, please refer to the attached Notice to Unitholders on Exchange Rate for Computation of Distribution in Pounds. |
| Additional Text | Elite Commercial REIT has announced a distribution of GBP 2.25 pence per unit for the period from 1 July 2022 to 31 December 2022. |
| Taxation Conditions | The Distribution will be out of tax-exempt income and therefore exempt from Singapore income tax in the hands of all Unitholders. |
| Additional Text | Please refer to the attached. |
| Event Dates | |
| Record Date and Time | 22/02/2023 17:00:00 |
| Ex Date | 21/02/2023 |
| Option 1-Cash Payment Details | |
| Election Period | 03/03/2023 TO 17/03/2023 |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | GBP 0.0225 |
| Net Rate (Per Share) | GBP 0.0225 |
| Pay Date | 30/03/2023 |
| Gross Rate Status | Actual Rate |
| Currency Pair | SGD/GBP |
| Exchange Rate | 1.631 |
| Gross Rate in Option Currency | SGD 0.036698 |
| Option 2-Cash Payment Details | |
| Election Period | 03/03/2023 TO 17/03/2023 |
| Default Option | No |
| Option Currency | United Kingdom Pound |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | GBP 0.0225 |
| Net Rate (Per Share) | GBP 0.0225 |
| Pay Date | 30/03/2023 |
| Gross Rate Status | Actual Rate |
| Security Option Details | |
| Election Period | 03/03/2023 TO 17/03/2023 |
| New Security ISIN | SGXC59097235 |
| New Security Name | ELITE COMMERCIAL REIT |
| Security Not Found | No |
| Fractional Disposition Method | Round down fraction to last full unit |
| Issue/ Reinvestment Price | GBP 0.4869 |
| Security Credit Date | 30/03/2023 |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 72,003 bytes)
