Cambridge Industrial Trust issues six million new shares under Distribution Reinvestment Plan
At an issue price of $0.6072 per unit.
The manager of Cambridge Industrial Trust has issued 6,007,201 new CIT shares under its Distribution Reinvestment Plan.
The new units were issued at a price of $0.6072 per share and will start trading on the Main Board on Tuesday, December 8.
Following the issue of the new units, the number of issued Units will increase from 1,291,767,986 to 1,297,775,187.
Eligible unitholders of CIT who did not elect to participate in the Distribution Reinvestment Plan and overseas Unitholders who did not provide registered addresses in Singapore to CDP will receive all of their entitlements to the 3Q2015 Distribution in cash on 8 December 2015.