FOLKESTONE EDUCATION TRUST Notification of dividend / distribution
Update Summary
Entity name
FOLKESTONE EDUCATION TRUST
Security on which the Distribution will be paid
FET - UNITS FULLY PAID
Announcement Type
Update to previous announcement
Date of this announcement
Tuesday January 17, 2017
Reason for the Update
Update DRP Price.
Refer to below for full details of the announcement
Announcement Details
Part 1 - Entity and announcement details
Name of +Entity
FOLKESTONE EDUCATION TRUST
Registration Number
58102955939
Registered Number Type
ABN
ASX issuer code
FET
The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
Update DRP Price.
b Date of previous announcement(s) to this update
Friday December 9, 2016
Date of this announcement
Tuesday January 17, 2017
ASX +Security Code
FET
ASX +Security Description
UNITS FULLY PAID
Part 2A - All dividends/distributions basic details
2A.1 Type of dividend/distribution
Ordinary
2A.2 The Dividend/distribution:
relates to a period of one quarter
2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)
Saturday December 31, 2016
2A.4 +Record Date
Friday December 30, 2016
2A.5 Ex Date
Thursday December 29, 2016
2A.6 Payment Date
Friday January 20, 2017
2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?
Security holder approval Court approval
Lodgement of court order with +ASIC ACCC approval
FIRB approval
Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.
No
2A.8 Currency in which the dividend/distribution is made ("primary currency")
AUD - Australian Dollar
2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form
AUD 0.03550000
2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market?
No
2A.11 Does the entity have a securities plan for dividends/distributions on this +security?
We have a Dividend/Distribution Reinvestment Plan (DRP)
Estimated or Actual?
Actual
2A.11a If the +entity has a DRP, is the DRP applicable to this dividend/distribution?
Yes
2A.12 Does the +entity have tax component information apart from franking?
Yes
Part 3A - Ordinary dividend/distribution
3A.1 Is the ordinary dividend/distribution estimated at this time?
No
3A.1b Ordinary Dividend/distribution amount per security
AUD 0.03550000
3A.2 Is the ordinary dividend/distribution franked?
No
3A.3 Percentage of ordinary dividend/distribution that is franked 0.0000 %
3A.4 Ordinary dividend/distribution franked amount per +security
AUD 0.00000000
3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount
AUD 0.03550000
3A.7 Ordinary dividend/distribution conduit foreign income amount per security
AUD 0.00000000
Part 3E - Other - distribution components / tax
2A.11a(i) DRP Status in respect of this dividend/distribution
Full DRP
3A.1a Ordinary dividend/distribution estimated amount per +security
AUD
3A.5 Percentage amount of dividend which is unfranked
100.0000 %
3E.1 Please indicate where and when information about tax components can be obtained (you may enter a url).
On 18 January 2017 at http://educationtrust.folkestone.com.au/distributions/#1476940968593-ea5fdc53-2283
Part 4A - +Dividend reinvestment plan (DRP)
4A.1 What is the default option if +security holders do not indicate whether they want to participate in the DRP?
Do not participate in DRP (i.e. cash payment)
4A.2 Last date and time for lodgement of election notices to share registry under DRP Wednesday January 4, 2017 17:00:00
4A.4 Period of calculation of reinvestment price
Start Date
Wednesday January 4, 2017
4A.5 DRP price calculation methodology
4A.3 DRP discount rate
1.5000 %
End Date
Tuesday January 17, 2017
Based on the average of the daily volume weighted average market price of all sales of FET units recorded on the ASX from 4 January 2017 to 17 January 2017, less the DRP discount rate.
4A.6 DRP Price (including any discount):
AUD 2.52000
4A.8 Will DRP +securities be a new issue?
Yes
4A.7 DRP +securities +issue date
Friday January 20, 2017
4A.8a Do DRP +securities rank pari passu from
+issue date?
Yes
4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation?
No
4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation?
No
4A.11 Are there any other conditions applying to DRP participation?
No
4A.12 Link to a copy of the DRP plan rules
http://educationtrust.folkestone.com.au/wp-content/uploads/2016/10/9-9-14-DRP-Plan-Booklet.p df
4A.13 Further information about the DRP
Part 5 - Further information
Please provide any further information applicable to this dividend/distribution
Additional information for inclusion in the Announcement Summary
Folkestone Education Trust published this content on 17 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 January 2017 21:36:07 UTC.
Original documenthttp://educationtrust.folkestone.com.au/wp-content/uploads/2016/10/17-1-17-FET-DRP-Price-Update.pdf
Public permalinkhttp://www.publicnow.com/view/C55FDFFCE7FC8A513A6D670EFFD41B2FD4D21411
