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Despatch Of Notices Of Election Pursuant To The Distribution Reinvestment Plan For The Distribution Period From 1 January 2024 To 30 June 2024 - Capital Distribution

BackAug 28, 2024
Announcement Title Scrip Election/ Distribution/ DRP
Date & Time of Broadcast Aug 28, 2024 17:21
Status Replace
Corporate Action Reference SG240814DVOP4NAJ
Submitted By (Co./ Ind. Name) Winnie Yap
Designation Chief Financial Officer
Dividend/ Distribution Number Applicable
Value 10
Dividend/ Distribution Type Interim
Financial Year End 31/12/2024
Declared Dividend/ Distribution Rate (Per Share/ Unit) USD 0.0068
Dividend/ Distribution Period 01/01/2024 TO 30/06/2024
Number of Days 182
Event Narrative
Narrative Type Narrative Text
Additional Text United Hampshire US REIT is pleased to announce the distribution of US 2.01 cents per unit for the period from 1 January 2024 to 30 June 2024 which comprises 2 components:

(a) Distribution out of tax-exempt income of US 1.33 cents per Unit, and;
(b) Distribution out of capital of US 0.68 cents per Unit.
Additional Text United Hampshire US REIT Management Pte. Ltd., as manager of United Hampshire US REIT, has determined that the distribution reinvestment plan (DRP) will apply to the above distribution.

Please refer to the attached Notice of Record Date and Application of DRP announcement.
Taxation Conditions The capital component of the Distribution represents a return of capital to Unitholders for Singapore income tax purposes and is therefore not subject to Singapore income tax.
Additional Text Unitholders are reminded to submit the completed tax forms to United Hampshire US REIT's Unit Registrar - Boardroom Corporate & Advisory Services Pte Ltd by Thursday, 12 September 2024.
Additional Text 28 August 2024 - Please refer to the attachment for the Despatch of Notices of Election pursuant to the Distribution Reinvestment Plan for the period from 1 January 2024 to 30 June 2024.
Event Dates
Record Date 22/08/2024
Ex Date 21/08/2024
Option 1-Cash Payment Details
Election Period 28/08/2024 TO 12/09/2024
Default Option Yes
Option Currency Singapore Dollar
Payment Type Tax Not Applicable
Gross Rate (Per Share) USD 0.0068
Net Rate (Per Share) USD 0.0068
Pay Date 27/09/2024
Gross Rate Status Indicative Rate
Currency Pair SGD/USD
Option 2-Cash Payment Details
Election Period 28/08/2024 TO 12/09/2024
Default Option No
Option Currency United States Dollar
Payment Type Tax Not Applicable
Gross Rate (Per Share) USD 0.0068
Net Rate (Per Share) USD 0.0068
Pay Date 27/09/2024
Gross Rate Status Indicative Rate
Security Option Details
Election Period 28/08/2024 TO 12/09/2024
New Security ISIN SGXC39411175
New Security Name UNITED HAMPSHIRE US REIT
Security Not Found No
Fractional Disposition Method Round down fraction to last full unit
Issue/ Reinvestment Price USD 0.42
Security Credit Date 27/09/2024

Applicable for REITs/ Business Trusts/ Stapled Securities

Attachments

  1. Attachment 1 (Size: 124,937 bytes)
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