FOLKESTONE EDUCATION TRUST ASX ANNOUNCEMENT
20 JANUARY 2016
Folkestone Investment Management Limited as the responsible entity of the Folkestone Education Trust (FET) advises that the December 2015 quarter's Distribution Reinvestment Plan (DRP) issue price is $2.17 per unit.
The issue price has been calculated by reference to the average of the daily volume weighted average market price of all sales of FET units recorded on the ASX from 4 January 2016 to 15 January 2016. A discount of 1.5% has been applied to determine the issue price.
Holders with 41.5 million units or 17% of the units on issue as at the Record Date have elected to participate in the DRP.
The DRP units will be issued on Wednesday 20 January 2016 and rank equally with existing units.
The December 2015 quarter distribution statements will be sent to all Unitholders and will also be available on Boardroom's website at: http://www.boardroomlimited.com.au/ - InvestorServe.
For further information contact:
Chief Executive Officer Investor Relations Manager
Folkestone Education Trust Folkestone Education Trust t: +61 3 8601 2668
The Folkestone Education Trust (FET) is a listed real estate investment trust (A-REIT) that invests in early learning properties. FET's website, www.educationtrust.folkestone.com.au provides information on FET, its Manager, announcements, current activities and historical information.
Folkestone (ASX:FLK) is an ASX listed real estate funds manager and developer providing real estate wealth solutions. Folkestone's funds management platform, with $917 million under management, offers listed and unlisted real estate funds to private clients and select institutional investors, while its on balance sheet activities focus on value-add and opportunistic (development) real estate investments. www.folkestone.com.au
Folkestone Investment Management Limited | Sydney Office | Melbourne Office |
ABN 46 111 338 937 AFSL 281544 | Level 10, 60 Carrington Street | Level 12, 15 William Street |
Sydney NSW 2000 | Melbourne Vic 3000 | |
e: fet@folkestone.com.au | t: +61 2 8667 2800 | t: +61 3 8601 2092 |
www. educationtrust.folkestone.com.au | f: +61 2 8667 2880 | f: +61 3 9200 2282 |
Folkestone Education Trust issued this content on 2016-01-20 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-19 22:34:07 UTC
Original Document: http://educationtrust.folkestone.com.au/wp-content/uploads/sites/2/2014/04/DRP-Distribution-Price-for-December-2015.pdf
