News

Issue Of 191,755,000 Private Placement New Stapled Securities In CapitaLand Ascott Trust Pursuant To The Private Placement

BackAug 14, 2023

Announcement Title	Placements
Date & Time of Broadcast	Aug 14, 2023 6:47
Status	Replace
Announcement Sub Title	Issue of 191,755,000 Private Placement New Stapled Securities in CLAS pursuant to Private Placement
Announcement Reference	SG230802OTHRQSHV
Submitted By (Co./ Ind. Name)	Karen Chan
Designation	Company Secretary, CapitaLand Ascott Trust Management Limited
Description (Please provide a detailed description of the event in the box below)	Please refer to the attached announcement for details. For the avoidance of doubt, please note that the figures set out in the 'Additional Details' section below do not take into account the additional 3,599,233 stapled securities in CLAS which had been issued to the managers of CLAS on 7 August 2023 as partial payment of the management fees for the period from 1 April 2023 to 30 June 2023 (both dates inclusive). Please refer to the separate announcement dated 7 August 2023 titled 'Payment of Management Fees by way of Issue of Stapled Securities in CapitaLand Ascott Trust' for further details.
Additional Details
Capital Amount-Old	SGD 3,878,831,482
Capital Amount-New	SGD 4,078,831,947
No. of Existing Outstanding Shares	3,463,242,395
New Shares Issued	191,755,000
Offer Price	SGD 1.043

Attachments