ING Property Trust announces third-quarter distribution
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ING Property Trust (the “Trust”) has announced a third-quarter cash distribution for the 2010 financial year of 1.875 cents per unit.
The Trust will pay a net distribution of 1.875 cents per unit. Its components are:
- A fully imputed distribution of 0.4567 cents per unit with imputation credits of 0.137 cents per unit attached; and
- An excluded distribution of 1.5553 cents per unit.
The record date for the distribution is 5 March 2010 and the payment date is 19 March 2010.
In addition, the distribution reinvestment plan (“DRP”) will continue and a 2.5% discount will be applied to the price at which units will be issued under the DRP for this distribution.
Unitholders wishing to participate in the DRP for the distribution on 19 March 2010 - and who haven’t notified the Trust’s Registrar, Computershare Investor Services Limited, of their intention - are required to do so by completing an Election Notice or Notice of Change or Withdrawal (as appropriate) in time to be received before 5.00pm 5 March 2010. Election Notices and Notices of Change or Withdrawal received by the Registrar on or after 5.00pm, 5 March 2010 will not apply to the 19 March 2010 distribution but will take effect for future distributions.
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