18 November 2020
As responsible entity of the Cromwell Property Trust 12 (Trust), Cromwell Funds Management Limited (CFM) wishes to advise an amendment to the closing date and time for receipt of both Buy and Sell Forms and application monies for the Trust’s Matching Facility.
Originally closing on Thursday 17 December 2020 as outlined in the Notice of Meeting and Explanatory Memorandum dated 13 November 2020, the closing time and date for receipt of both Buy and Sell Forms and application monies for the Trust’s Matching Facility is now amended to 5pm (AEST) on Friday 18 December 2020.
The timetable is now as follows1
|Last date and time for receipt of Proxy Forms||1pm (AEST) on Tuesday 15 December 2020|
|Payment of Special Distribution from Rand Sale2||Wednesday 16 December 2020|
|Meeting of Unitholders||1pm (AEST) on Thursday 17 December 2020|
|Last date and time to lodge the Buy Form and the Sell Form with accompanying funds to apply to purchase/sell Units||5pm (AEST) on Friday 18 December 2020|
|Announcement of voting results on www.cromwell.com.au/c12vote||5pm (AEST) on Friday 18 December 2020|
|Allocations for buying Unitholders determined / potential scale-back for selling Unitholders determined||Friday 18 December 2020 – Wednesday 23 December 2020|
|Unitholders notified of Matching Facility scale-back and over-subscription monies refunded (if applicable)||On or around Wednesday 23 December 2020|
|Settlement date / Transfer Date of Units / Transaction Statements posted||Friday 8 January 2021|
|The Further Term commences (if approved by Unitholders)||Sunday 1 November 2020|
1. All dates following the date of the Meeting are indicative only and are subject to satisfaction of the conditions precedent to the implementation of the Rollover Proposal (see Section 5.5 on page 13 of the Notice of Meeting and Explanatory Memorandum dated 13 November 2020). CFM reserves the right to vary these dates without prior notice. Any changes to the above timetable will be announced at www.cromwell.com.au/c12vote.
2. Date is indicative only and requires the settlement to occur as forecast on the 14th of December 2020.
Establishment of the Matching Facility is conditional on Unitholder approval of the Rollover Proposal as outlined in the Notice of Meeting and Explanatory Memorandum dated 13 November 2020.
Further information about the Trust, the Rollover Proposal and the Matching Facility also be found on the dedicated Meeting web page at www.cromwell.com.au/c12vote.
Cromwell Funds Management Limited ABN 63 114 782 777 AFSL 333214 (CFM) has prepared this notice and is the responsible entity of, and the issuer of units in, the Cromwell Property Trust 12 ARSN 166 216 995 (Trust). In making an investment decision in relation to the Trust, it is important that you read the product disclosure statement dated 29 October 2013 (PDS) and the Notice of Meeting and Explanatory dated 13 November 2020 (NOM). The PDS and NOM are issued by CFM and are available from www.cromwell.com.au/c12 or by calling Cromwell’s Investor Services Team on 1300 268 078. Further information on the NOM may also be found at https://www.cromwell.com.au/c12vote. The Trust is not open for investment. This notice has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision, you should consider the PDS and NOM and assess, with or without your financial or tax adviser, whether the Trust fits your objectives, financial situation or needs. CFM and its related bodies corporate, and their associates, do not receive any remuneration or benefits for the general advice given in this notice. If you acquire units in the Trust, CFM and certain related parties may receive fees from the Trust and these fees are disclosed in the PDS and NOM.
Please note: Any investment, including an investment in the Trust, is subject to risk. If a risk eventuates, it may result in reduced distributions and/or a loss of some or all of the capital value of your investment. See the PDS and NOM for examples of key risks. Past performance is not a reliable indicator of future performance. Forward-looking statements in this notice are provided as a general guide only. Capital growth, distributions and tax consequences cannot be guaranteed. Forward-looking statements and the performance of the Trust are subject to the risks and assumptions set out in the PDS and NOM.