Issue And Listing Of 1,009,654 New Units Under The Distribution Reinvestment Plan
BackMar 29, 2023
Announcement Title | Scrip Election/ Distribution/ DRP |
Date & Time of Broadcast | Mar 29, 2023 17:26 |
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 | Please refer to the attached issue and listing of 1,009,654 new units under the Distribution Reinvestment Plan. |
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. |
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 |
Attachments
- Attachment 1 (Size: 72,272 bytes)