Notice To Unitholders On Exchange Rate For Computation Of Distribution In Pounds
BackSep 02, 2020
| Announcement Title | Cash Dividend/ Distribution | ||||
| Date & Time of Broadcast | Sep 2, 2020 18:25 | ||||
| Status | Replace | ||||
| Corporate Action Reference | SG200723DVCA3WCG | ||||
| Submitted By (Co./ Ind. Name) | Shaldine Wang | ||||
| Designation | CEO | ||||
| Dividend/ Distribution Number | Not Applicable | ||||
| Dividend/ Distribution Type | Interim | ||||
| Financial Year End | 31/12/2020 | ||||
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | GBP 0.0195 | ||||
| Dividend/ Distribution Period | 06/02/2020 TO 30/06/2020 | ||||
| Number of Days | 146 | ||||
| Event Narrative | |||||
| Narrative Type | Narrative Text | ||||
| Additional Text | Subsequent to the announcement on Notice of Record and Distribution Payment Date on 23 July 2020, a Notice to Unitholders on the exchange rate for the computation of the distribution is attached. Please refer to the attached. | ||||
| Additional Text | Elite Commercial REIT has announced a distribution of GBP 1.95 pence per unit for the period from 6 February 2020 (listing date) to 30 June 2020. | ||||
| 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 | Oversea-Chinese Banking Corporation Limited ("OCBC") and UBS AG, Singapore Branch ("UBS") are the joint issue managers for the Offering. | ||||
| Additional Text | OCBC, UBS, CGS-CIMB Securities (Singapore) Pte. Ltd. and China International Capital Corporation (Singapore) Pte. Limited are the joint bookrunners and underwriters for the Offering (collectively, the "Joint Bookrunners"). | ||||
| Event Dates | |||||
| Record Date and Time | 03/08/2020 17:00:00 | ||||
| Ex Date | 30/07/2020 | ||||
| Option 1-Cash Payment Details | |||||
| Election Period | 14/08/2020 TO 26/08/2020 | ||||
| Default Option | Yes | ||||
| Option Currency | Singapore Dollar | ||||
| Payment Type | Tax Exempted | ||||
| Gross Rate (Per Share) | GBP 0.0195 | ||||
| Net Rate (Per Share) | GBP 0.0195 | ||||
| Pay Date | 11/09/2020 | ||||
| Gross Rate Status | Actual Rate | ||||
| Currency Pair | SGD/GBP | ||||
| Exchange Rate | 1.8202 | ||||
| Gross Rate in Option Currency | SGD 0.035494 | ||||
| Note- Any information entered in narrative will not be used in processing | |||||
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| Option 2-Cash Payment Details | |||||
| Election Period | 14/08/2020 TO 26/08/2020 | ||||
| Default Option | No | ||||
| Option Currency | United Kingdom Pound | ||||
| Payment Type | Tax Exempted | ||||
| Gross Rate (Per Share) | GBP 0.0195 | ||||
| Net Rate (Per Share) | GBP 0.0195 | ||||
| Pay Date | 11/09/2020 | ||||
| Gross Rate Status | Actual Rate | ||||
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 74,159 bytes)
