Stanbic IBTC Asset Management Limited, Fund Manager of UPDC Real Estate Investment Trust (UPDC REIT) have recommended a distribution of 18 Kobo per unit to unit holders for the period ended 30 June 2021.
The Register of Unitholders and Transfer Books of the UPDC Real Estate Investment Trust will be closed on 31 December 2021 and will remain closed for the next three working days i.e. 4 – 7 January 2022 for the purpose of ascertaining the unit holders that qualify for the proposed distribution for the period ended 30 June 2021.
Accordingly, the distribution will be payable on 10 January 2022 to all unit holders registered in the Books as at the close of business on 30 December 2021.