For personal use only
HealthCo Healthcare and Wellness REIT
ARSN 652 057 639
HCW Funds Management Limited
ACN 104 438 100, AFSL 239882
ASX RELEASE
22 March 2022
CHAIR'S LETTER - DISTRIBUTION REINVESTMENT PLAN
HealthCo Healthcare and Wellness REIT (ASX: HCW) provides the attached Chair's letter in relation to the Distribution Reinvestment Plan announced today.
Authorised for release by the Board of the Responsible Entity.
For further information please contact: | |
INVESTORS | |
Misha Mohl | Christian Soberg |
Group Head of Strategy and Investor Relations | HealthCo Chief Financial Officer |
+61 422 371 575 | +61 450 417 712 |
misha.mohl@hmccapital.com.au | christian.soberg@hmccapital.com.au |
MEDIA ENQUIRIES | |
John Frey | |
Corporate Communications Counsel | |
+61 411 361 361 | |
john@brightoncomms.com.au |
About HealthCo Healthcare & Wellness REIT
HealthCo Healthcare & Wellness REIT is a Real Estate Investment Trust listed on the ASX focused on owning healthcare and wellness property assets. The REIT's objective is to provide exposure to a diversified portfolio underpinned by healthcare sector megatrends, targeting stable and growing distributions, long-term capital growth and positive environmental and social impact.
19 Bay Street | HCW Funds Management Limited |
Double Bay NSW 2028 | (ACN 104 438 100; AFSL 239882) as |
1300 466 326 | responsible entity of the HealthCo Healthcare |
info@home-co.com.au | & Wellness REIT (ARSN 652 057 639) |
For personal use only
HealthCo Healthcare and Wellness REIT
ARSN 652 057 639
HCW Funds Management Limited
ACN 104 438 100, AFSL 239882
Dear Unitholder
We are pleased to announce the establishment of a Distribution Reinvestment Plan (DRP or Plan).
The DRP will enable you to reinvest either all or part of your distribution payments into additional fully paid HealthCo Healthcare and Wellness REIT (ARSN 652 057 639) (HCW) units in an easy and cost-effective way. No brokerage, commission or other transaction costs will be payable by you on units acquired under the DRP.
It is anticipated that the DRP will operate for the distribution for the quarter ended 31 March 2022 and the DRP units will be allocated at no discount to the Average Market Price (as determined under the Plan).
Key features of the DRP
- The DRP is a convenient way to increase your holding of HCW units.
- Participation in the DRP is optional and available to unitholders with registered addresses in Australia or New Zealand.
- Units acquired by unitholders under the DRP are free of brokerage, commission or other transaction costs.
- You may apply the DRP to part or all of your total unitholding and there is no minimum or maximum limit on the number of your units that may participate.
- You may join, vary your participation in, or withdraw from, the DRP at any time, subject to adequate notice being given.
- Units allocated to you under the DRP rank equally with existing units.
- Once you elect to participate, the DRP will continue to apply for future distribution payments, unless you advise otherwise or unless the DRP is suspended or terminated by the Board in its absolute discretion.
For further information on the DRP including the Rules of the DRP, please visit our website https://www.hmccapital.com.au/our-funds/healthco-healthcare-wellness-reit/. Answers to some frequently asked questions are also provided in the accompanying information booklet.
HCW recommends you seek financial advice and read the full terms and conditions set out in the DRP Rules before deciding whether to participate.
You can elect to participate in the DRP at any time. In order to participate in the DRP for the next distribution, you will need to ensure your DRP participation notice is received, or your online election is made, by no later than 5pm (AEST) on the Last Election Date for the distribution. The Last Election Date will be notified to the ASX and posted on HCW's website when the next distribution is announced.
You can make your election online by visiting www.linkmarketservices.com.au. Alternatively, a DRP participation notice accompanies this letter.
For more information please visit https://www.hmccapital.com.au/our-funds/healthco-healthcare-wellness-reit/or contact the REIT's registry, Link Market Services, by phone on +61 1300 554 474.
Yours sincerely
Joseph Carrozzi AM
Chair
HealthCo Healthcare and Wellness REIT
For personal use only
HealthCo Healthcare and Wellness REIT
ARSN 652 057 639
HCW Funds Management Limited
ACN 104 438 100, AFSL 239882
Distribution Reinvestment Plan Information Booklet
HealthCo Healthcare and Wellness REIT (HCW)
ARSN 652 057 639
page 1
For personal use only
Important notice
This booklet has been prepared and issued by HCW Funds Management Limited (ABN 58 104 438
- (HCWFML) in its capacity as responsible entity for HealthCo Healthcare and Wellness REIT (ARSN 652 057 639).
Neither HCWFML nor any of its related bodies corporate (as that term is defined in the Corporations Act) guarantees or in any way stands behind the performance of the REIT or the repayment of capital by the REIT.
All reasonable care has been taken in relation to the preparation and collation of this booklet. Except for statutory liability which may not be excluded, no person accepts responsibility for any loss or damage howsoever occurring or resulting from the use of or reliance on the booklet by any person. Past performance is not indicative of future performance.
The information contained in this booklet is intended to provide general advice only and does not take into account your individual objectives, financial situation or needs. You should assess whether this booklet is appropriate for you and consider talking to a financial adviser or consultant before making an investment decision.
95690532 | page 2 |
For personal use only
Distribution Reinvestment Plan
What is the DRP?
The DRP enables you, as a unitholder in HCW, to reinvest all or part of any distribution paid on your units in additional HCW units instead of receiving that distribution in cash.
Who can participate?
All unitholders of fully paid HCW ordinary units who are resident in, and whose address on the register of unitholders at the relevant distribution record date is in, Australia or New Zealand may participate in the DRP, subject to the DRP Rules.
How do I participate in the DRP?
If you wish to participate in the DRP, we encourage you to make your election online at www.linkmarketservices.com.au.
Alternatively, please complete and sign a DRP participation notice and return it to the REIT's registry at the address below. If a DRP participation notice does not accompany this booklet, please contact the REIT's registry:
Link Market Services Limited
Locked Bag A14
Sydney South NSW 1235
Telephone: +61 1300 554 474 (within Australia)
Email: registrars@linkmarketservices.com.au
DRP participation notices must be received, or online elections made, by 5:00pm (Sydney time) on the Last Election Date for a distribution if you wish to participate for that distribution. The Last Election Date for the next distribution will be notified to the ASX and posted on HCW's website when the next distribution is announced.
Can I participate in the DRP for some of my units?
Yes, you can nominate all of your units or a specific number of your units to participate in the DRP.
- Full participation: If you elect full participation, distributions on all of your units will be reinvested in acquiring DRP units. Distributions on any units you may acquire in the future will also be reinvested in this way.
- Partial participation: If you elect partial participation, you nominate a number of your units which participate in the DRP. Only the distributions paid on those units that you nominate will be reinvested. For units not participating in the DRP, distributions will be paid in the usual way.
If your DRP participation notice or online election does not clearly indicate the level of participation in the DRP, it will be deemed to be an application for full participation.
Is there a minimum or maximum participation level?
No, however HCW has the discretion under the DRP Rules to introduce a minimum or maximum participation level in the future.
When will my participation begin?
Your participation in the DRP will begin with the first distribution payment after receipt of your online election or participation notice, provided it is received by the 5.00pm (Sydney time) on the Last Election Date for that distribution.
The Last Election Dates for forthcoming distributions will be notified to ASX and posted on HCW's website when the relevant distribution is announced.
For elections received after the Last Election Date for a particular distribution, you will not participate in the DRP for that distribution and your participation will begin from the next distribution.
95690532 | page 3 |
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Healthco Healthcare and Wellness REIT published this content on 22 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 March 2022 00:29:09 UTC.