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    C38U   SG1M51904654

CAPITALAND INTEGRATED COMMERCIAL TRUST

(C38U)
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CapitaLand Mall Trust : Proposed Merger Of CapitaLand Mall Trust And CapitaLand Commercial Trust - Dealings Disclosure

10/19/2020 | 11:30pm EST

CAPITALAND MALL TRUST

(Constituted in the Republic of Singapore pursuant to a trust deed dated 29 October 2001 (as amended))

ANNOUNCEMENT

DEALINGS DISCLOSURE

  1. INTRODUCTION
    CapitaLand Mall Trust Management Limited (the "Company" or "CMT Manager"), as manager of CapitaLand Mall Trust ("CMT"), refers to the announcement dated 22 January
    2020 (the "Joint Announcement") issued by the Company and CapitaLand Commercial Trust Management Limited, as manager of CapitaLand Commercial Trust ("CCT"), in relation to the proposed merger (the "Merger") of CMT and CCT by way of a trust scheme of arrangement, to be effected in accordance with the Singapore Code on Take-overs and
    Mergers (the "Code").
    Unless otherwise defined, all capitalised terms used and not defined herein shall have the same meanings given to them in the Joint Announcement.
  2. DEALINGS BY AN ASSOCIATE
    Pursuant to Rule 12.1 of the Code and based on information received by the Company on 20 October 2020 from BlackRock, Inc. ("BlackRock"), the Company wishes to announce the following dealings in the CMT Relevant Securities and CCT Units by BlackRock, an associate of the Company1:

2.1 Dealings in CMT Relevant Securities

  1. CMT Units

Date of Dealing

Nature of Dealing

Number of

CMT

Dealing Price (S$)

Units

19 October 2020

Purchase

93,000

1.93

Sale

16,800

1.93

1 BlackRock is deemed under the Code to be an "associate" of the Company in relation to the Merger solely by virtue of the fact that BlackRock holds 5 per cent. or more CMT Units in issue at the time of the relevant dealings. As such, the Code requires dealings by BlackRock in the CMT Relevant Securities and the CCT Relevant Securities to be disclosed.

1

Date of Dealing

Nature of Dealing

Number of

CMT

Dealing Price (S$)

Units

Purchase

114,100

1.9289

19 October 2020

Purchase

85,600

1.9303

In-specie Transfer

146,700

N/A

Based on the information received from BlackRock on 20 October 2020, BlackRock owns or controls 189,725,632 CMT Units after the dealings reported above, representing approximately 5.14 per cent. of the total issued CMT Units2.

  1. CMT Relevant Securities

Date

of

Nature

of

Number

of

Dealing

Consideration

Dealing

Dealing

Underlying

Price (S$)

Paid or Received

CMT Units

(US$)

19

October

Contract

for

Difference

-

52,500

1.9306

74,710.66

2020

Buying

2.2

Dealings in CCT Units

Date of Dealing

Nature of Dealing

Number

of CCT

Dealing Price (S$)

Units

19 October 2020

Stock Loan

2,906,674

N/A

Based on the information received from BlackRock on 20 October 2020, BlackRock owns or controls 193,040,900 CCT Units after the dealings reported above, representing approximately 5.00 per cent. of the total issued CCT Units3.

The CMT Manager wishes to reiterate that BlackRock is not a party acting in concert with CMT in respect of the Merger.

3. RESPONSIBILITY STATEMENT

The directors of the CMT Manager (including those who may have delegated detailed supervision of this Announcement) have taken all reasonable care to ensure that the facts stated and opinions expressed in this Announcement are fair and accurate and that there are no other material facts not contained in this Announcement the omission of which would make any statement in this Announcement misleading. The directors of the CMT Manager jointly and severally accept responsibility accordingly.

Where any information has been extracted or reproduced from published or otherwise publicly available sources, the sole responsibility of the directors of the CMT Manager has been to ensure through reasonable enquiries that such information is accurately extracted from such sources or, as the case may be, reflected or reproduced in this Announcement.

  1. Calculated based on a total of 3,690,154,580 CMT Units.
  2. Calculated based on a total of 3,861,876,136 CCT Units.

2

BY ORDER OF THE BOARD

CapitaLand Mall Trust Management Limited (Registration Number: 200106159R)

as manager of CapitaLand Mall Trust

Lee Ju Lin, Audrey

Company Secretary

20 October 2020

3

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Capitaland Mall Trust published this content on 20 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2020 03:29:04 UTC


© Publicnow 2020
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