NOTES TO THE FINANCIAL STATEMENTS
12 Units in issue
Trust
2014
2013
Number
of units
Number
of units
’000
’000
Units in issue:
At 1 January
1,239,339 1,216,015
Units created:
– Distribution Reinvestment Plan
28,773
23,324
– Management fees paid in units (base fees)
918
–
At 31 December
1,269,030 1,239,339
Units to be issued:
– Management fees payable in units (base fees)
2,518
–
Total issued and issuable units at 31 December
1,271,548 1,239,339
During the financial year, the Trust issued a total of 28.8 million units in lieu of distribution payments pursuant to
a Distribution Reinvestment Plan (“DRP”), whereby the Unitholders have the option to receive their distribution
payment in units instead of cash or a combination of units and cash as follows:
Date of Issue
Number of
units issued
Issue price
per unit ($)
Period relating to
28 February 2014
7,682,235
0.6737
1 October to 31 December 2013
4 June 2014
8,526,823
0.7168
1 January to 31 March 2014
9 September 2014
7,327,516
0.6980
1 April to 30 June 2014
12 December 2014
5,236,573
0.6835
1 July to 30 September 2014
In the previous financial year, the Trust issued a total of 23.3 million units in lieu of distribution payments pursuant
to a Distribution Reinvestment Plan (“DRP”), whereby the Unitholders have the option to receive their distribution
payment in units instead of cash or a combination of units and cash as follows:
Date of Issue
Number of
units issued
Issue price
per unit ($)
Period relating to
28 February 2013
7,910,333
0.6940
1 October to 31 December 2012
31 May 2013
6,391,919
0.8306
1 January to 31 March 2013
9 September 2013
2,202,608
0.6742
1 April to 30 June 2013
18 December 2013
6,818,570
0.6833
1 July to 30 September 2013
CAMBRIDGE INDUSTRIAL TRUST | ANNUAL REPORT 2014
148
