Cromwell European REIT prices 1.3m new units at $3.34 each

The issuance of new units is pursuant to the REIT’s distribution reinvestment plan.

Cromwell European REIT (CEREIT) has issued 1,347,564 new units for $3.34 (€2.2409) per units.

In a bourse filing, the CEREIT’s manager said the issuance of new units is pursuant to Cromwell’s distribution reinvestment plan in respect of the distribution of $0.13 (€0.08459) per unit for the period from 1 July 2021 to 31 December 2021.

The new units rank pari passu in all respects with the existing units.

With its latest issuance, the total number of units issued by CEREIT has increased to  562,392,116  from 561,044,552.

0.67 EURO = 1 SGD

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