On 18 August 2017,  Charter Hall Long WALE REIT (the “Group”) announced a proposal to simplify the corporate structure of the Group by reducing the number of stapled entities from seven, comprising Charter Hall Direct Industrial Fund (“DIF”), Canning Vale Logistics Trust No. 1, 218 Bannister Road Trust, CPOF Kogarah Holding Trust, Franklin Street Property Trust (“FSPT”), CHPT Dandenong Trust and LWR Finance Trust (“Finance Trust”), to three, comprising DIF, FSPT and Finance Trust (“Simplification”).

On 15 September 2017, the securityholders of the Group approved the Simplification.

Deferred Settlement Trading

It is expected that the stapled securities will commence trading on a deferred settlement basis from market open on Wednesday, 20 September 2017 (ASX Code: CLWDA).

Tuesday, 19 September 2017

Last day for trading in CLW Stapled Securities as a seven-component stapled security

Wednesday, 20 September 2017

CLW Recomposed Stapled Securities commence trading on a deferred settlement basis (ASX Code: CLWDA)

Thursday, 21 September 2017

Record Date for Simplification

Friday, 22 September 2017

Implementation Date for Simplification

Monday, 25 September 2017

Last day for CLW Recomposed Stapled Securities to trade on a deferred settlement basis

Despatch of holding statements to CLW securityholders

Tuesday, 26 September 2017

CLW Recomposed Stapled Securities recommence trading on a normal (T+2) basis