Macquarie ProLogis

On 27 June 2007, Unitholders in Macquarie ProLogis Trust (ASX:MPR) approved a cash offer from ProLogis.

Unitholders who held Units at the record date of 9 July 2007 received a total payment of $1.43 per Unit, comprising a special distribution of income of 11.82 cents per Unit arising from the realised value of derivatives held by MPR and Macquarie ProLogis Income Trust (ASX:MPN), and the balance of $1.3118 as consideration for redemption of each Unit.

In addition, eligible Unitholders also received the June 2007 quarter distribution of 2.00 cents per Unit and the pro rata September distribution of 0.23 cents per Unit. Both distributions were paid to Unitholders on 16 July 2007.

Each of the above amounts were paid to eligible Unitholders on 16 July 2007.

MPR was delisted on 16 July 2007.

View the Trust's full distribution history

Distribution history

Period ended Distribution Taxable amount(1) Tax deferred amount Foreign tax credit DRP issue price Period end unit price
History Cents/unit Cents/unit % Cents/unit % Cents/unit $ $
30 Sep 02 1.8           0.8368 0.84(2)
31 Dec 02 1.9           0.8463 0.86(2)
31 Mar 03 1.9           0.8784 0.91(2)
30 Jun 03 2.0           1.1711 1.20
Full year to 30 Jun 03 7.6 2.8485 37.48 4.7515 62.52 0.8252    
30 Sep 03 2.6           1.0617 1.08
31 Dec 03 2.6           1.0222 1.04
31 Mar 04 2.7           1.0682 1.09
30 Jun 04 2.8           1.0152 1.03
Full year to 30 Jun 04 10.7 4.3113 40.29 6.3887 59.71 0.7213    
30 Sep 04 2.7           1.1123 1.12
31 Dec 04 2.7           1.1161 1.12
31 Mar 05 2.7           1.0508 1.08
30 Jun 05 2.7           1.1325 1.17
Full year to 30 Jun 05 10.8 6.73411 62.35 4.06589 37.65 0.98261    
30 Sep 05 2.7           1.1588 1.175
31 Dec 05 2.7           1.1426 1.17
31 Mar 06 2.7           1.1756 1.20
30 Jun 06 2.7           1.1047 1.12
Full year to 30 Jun 06 10.8 7.21539 66.81 3.58461 33.19 0.69507    
30 Sep 06 2.7           - 1.23
31 Dec 06 2.7           - 1.255
31 Mar 07 2.7           - 1.255
30 Jun 07 2.0           - 1.43
Full year to 30 Jun 07 10.1 7.12901 70.59 2.97099 29.42 0.52093    
July Distribution (pro rata) 0.23           - 1.43
Special Distribution 11.82           - 1.43
Full year to 30 Jun 08 12.05 11.80520 97.97 0.24480 2.03 0    

(1) The taxable amount does not include the foreign tax credit, which appears separately in this table.

(2) Partly paid with a 25 cent instalment due 27 June 2003, from which date they traded as fully paid units.

The taxable components are advised annually in the annual tax statement (issued each August). MPR redemption amount of $1.3118 cents per unit was paid to eligible unitholders on 16 July 2007.

On 27 June 2007, Unitholders in Macquarie ProLogis Trust (ASX:MPR) approved a cash offer from ProLogis.

The effect of this was communicated to to SHEDS Holders with an Issuer Realisation Notice dated 5 June 2007.

As a result of the implementation of this offer on 11 July 2007, SHEDS Holders who held SHEDS at the record date of 9 July 2007 received a redemption amount of A$103.09 per SHEDS(1) - payment was made to SHEDS Holders on 16 July 2007.

In addition, eligible SHEDS Holders also received the June 2007 quarter distribution of A$2.00781(1) per SHEDS and the pro rata September 2007 distribution of $0.24029(1) per SHEDS.

Each of the above amounts were paid to SHEDS Holders on 16 July 2007.

MPN was delisted on 16 July 2007.

(1) If any Australian or tax was required to be withheld by MPN as a result of a distribution of income to a SHEDS Holder, the amount of Australian or US tax was deducted from the distribution.

View the Trust's full distribution history

Distribution history

Period ended Distribution Taxable amount Tax deferred amount Foreign tax credit Period end unit price
History $/unit $/unit % $/unit % $/unit $
Period to 30 Jun 05 1.13047 0.55912 49.46 0.57135 50.54 - 60.50(1)
30 Sep 05 1.17513           101.50
31 Dec 05 1.77164           100.75
31 Mar 06 1.75115           102.75
30 Jun 06 1.76136           101.50
Full year to 30 Jun 06 6.45928 6.15950 95.36 0.29978 4.64 (2)  
30 Sep 06 1.87236           103.50
31 Dec 06 1.94881           104.00
31 Mar 07 1.96355           103.50
30 Jun 07 2.00781           102.80
Full year to 30 Jun 07 7.79253 7.4613 95.75 0.33123 4.25 (2)  
July Distribution (pro rata) 0.24029           102.80
Full year to 30 Jun 08 0.24029 0.23321 97.06 0.00708 2.95 (2)  

(1) Price reflects partly paid SHEDS (face value $60.00 at 30 June 2005). Additional $40.00 call was paid on 20 September 2005.

(2) Foreign tax credits may apply to certain investors.

SHEDS redemption amount of $103.09 was paid to eligible unitdolders on 16 July 2007.

The taxable components are advised annually in tde annual tax statement (issued each August).

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