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Successful completion of Unit Purchase Plan

06/05/2019

Unit Purchase Plan

Charter Hall Retail Management Limited, as responsible entity of Charter Hall Retail REIT (ASX:CQR) (CQR or the REIT) has successfully completed the Unit Purchase Plan (UPP) announced to the Australian Securities Exchange on Monday 8 April 2019 in connection with CQR’s $150 million institutional placement (Placement).

A total of approximately $14,733,137 was raised under the UPP, with 3,266,771 new units (“New Units”) to be issued to eligible applicants on Thursday 9 May 2019 at an issue price of $4.51 per unit (“Issue Price”). The Issue Price is the same as the price paid by institutional investors under the Institutional Placement. Given that the amount raised exceeded the expectation of $10 million, all applications will be satisfied in full. 

The New Units will rank equally with existing fully paid units and will carry the same voting rights and entitlements to receive distributions. The New Units will be entitled to receive the distribution for the six months ending 30 June 2019.

Holding statements will be issued to eligible applicants on Friday, 10 May 2019.

<View the PDF ASX Release>

<View Appendix 3B>

For further information, please
contact:

Greg Chubb
Retail CEO
Charter Hall Retail REIT 

T +61 2 8651 9355
greg.chubb@charterhall.com.au

For investor enquiries, please
contact:

Phillip Cheetham 
Head of Listed Investor Relations
Charter Hall

T +61 2 8651 9214
philip.cheetham@charterhall.com.au

  For media enquiries, please
  contact:

  Angus Booth
  Group Manager – External              Affairs Charter Hall 

  T: +61 8651 9223 
  angus.booth@charterhall.com.au     

Christine Kelly
Deputy Fund Manager CQR and Head of Retail Finance
Charter Hall Retail REIT 

T +61 2 8651 9401
christine.kelly@charterhall.com.au