194 UNITED HAMPSHIRE US REIT Notes to the Financial Statements For the financial year ended 31 December 2025 16 UNITS IN ISSUE AND TO BE ISSUED (CONT’D) Issue of new Units during 2025 During the financial year ended 31 December 2025, the Trust issued the following new Units pursuant to UHREIT’s DRP: (i) for the distribution of US 2.05 cents per Unit for the period from 1 July 2024 to 31 December 2024, 7,169,465 new Units were issued at an issue price of US$0.466 per Unit on 28 March 2025; and (ii) for the distribution of US 2.09 cents per Unit for the period from 1 January 2025 to 30 June 2025, 8,603,383 new Units were issued at an issue price of US$0.464 per Unit on 26 September 2025. Issue of new Units during 2024 During the financial year ended 31 December 2024, the Trust issued the following new Units pursuant to UHREIT’s DRP: (iii) for the distribution of US 2.14 cents per Unit for the period from 1 July 2023 to 31 December 2023, 1,777,917 new Units were issued at an issue price of US$0.456 per Unit on 28 March 2024; and (iv) for the distribution of US 2.01 cents per Unit for the period from 1 January 2024 to 30 June 2024, 6,244,290 new Units were issued at an issue price of US$0.420 per Unit on 27 September 2024. 17 NET ASSET VALUE (“NAV”) AND NET TANGIBLE ASSET (“NTA”) PER UNIT Group Trust 2025 2024 2025 2024 Net assets (1) (US$’000) 444,665 440,751 374,968 377,832 Number of Units in issue and to be issued (2) (’000) (Note 16) 606,440 589,691 606,440 589,691 NAV and NTA per Unit (3) (US$) 0.73 0.75 0.62 0.64 Footnotes: (1) This excludes non-controlling interests’ share of net assets. (2) Based on the number of Units in issue for the financial year and the Units to be issued as payment of the Manager’s base fee. (3) NAV and NTA are the same as there are no intangible assets as at the end of the financial year.
RkJQdWJsaXNoZXIy NTM2MDQ5