IconUnitholdings

 

As at 2 March 2020

ISSUED AND FULLY PAID STAPLED SECURITIES

3,083,089,282 (Voting Rights: 1 vote per Stapled Security)
Market Capitalisation of S$3,607,214,460 based on market closing Stapled Security price of S$1.17 on 2 March 2020.

DISTRIBUTION OF STAPLED SECURITYHOLDINGS

Size of Stapled Securityholdings No. of Stapled Securityholders % No. of Stapled Securities %
1 – 99 190 0.72 8,139 0.00
100 – 1,000 2,633 10.04 2,058,849 0.07
1,001 – 10,000 13,944 53.17 72,899,434 2.36
10,001 – 1,000,000 9,395 35.83 450,141,553 14.60
1,000,001 AND ABOVE 63 0.24 2,557,981,307 82.97
Total 26,225 100.00 3,083,089,282 100.00

Country No. of Stapled Securityholders % No. of Stapled Securities %
Singapore 25,511 97.28 3,063,392,982 99.36
Malaysia 465 1.77 12,104,252 0.39
Others 249 0.95 7,592,048 0.25
Total 26,225 100.00 3,083,089,282 100.00

TWENTY LARGEST STAPLED SECURITYHOLDERS

No. Name No. of Units %
1 Somerset Capital Pte Ltd 568,792,760 18.44
2 The Ascott Limited 476,152,416 15.44
3 Citibank Nominees Singapore Pte Ltd 345,609,761 11.21
4 DBS Nominees (Private) Limited 324,779,580 10.53
5 Ascott Residence Trust Management Limited 191,179,539 6.20
6 Raffles Nominees (Pte.) Limited 145,374,735 4.72
7 HSBC (Singapore) Nominees Pte Ltd 82,278,939 2.67
8 DBSN Services Pte. Ltd. 80,472,120 2.61
9 AHDF Pte Ltd 36,660,272 1.19
10 NTUC Fairprice Co-Operative Ltd 29,234,509 0.95
11 United Overseas Bank Nominees (Private) Limited 25,509,278 0.83
12 DB Nominees (Singapore) Pte Ltd 24,709,867 0.80
13 UOB Kay Hian Private Limited 18,997,765 0.62
14 Phillip Securities Pte Ltd 18,568,284 0.60
15 Ko Woon Hong 15,669,500 0.51
16 OCBC Securities Private Limited 15,253,211 0.49
17 BNP Paribas Nominees Singapore Pte. Ltd. 12,816,762 0.42
18 BPSS Nominees Singapore (Pte.) Ltd. 11,913,010 0.39
19 Morgan Stanley Asia (Singapore) Securities Pte Ltd 10,545,418 0.34
20 OCBC Nominees Singapore Private Limited 9,198,011 0.30
  Total 2,443,715,737 79.26

DIRECTORS’ INTERESTS IN STAPLED SECURITIES AND CONVERTIBLE SECURITIES AS AT 2 MARCH 2020

 
No. of Stapled Securities
Contingent Awards of Stapled Securities under the Managers'
Name of Director
Direct Interest
Deemed Interest
Performance Stapled Security Plan1
Restricted Stapled Security Plan
Tan Beng Hai, Bob
70,938
-
-
-
Beh Siew Kim
567,942
-
0 to 465,0102
40,7643,5
175,7524,5
Zulkifli Bin Baharudin
84,174
-
-
-
Sim Juat Quee Michael Gabriel
38,250
-
-
-
Elaine Carole Young
103,312
–
–
–
Lee Chee Koon
46,440
-
-
-
Lim Cho Pin Andrew Geoffrey
25,800
-
-
-

  1. This refers to the number of Stapled Securities which are the subject of contingent awards but not released under the Managers’ Performance Stapled Security Plan ("PSSP"). The final number of Stapled Securities that will be released could range from 0% to a maximum of 200% of the baseline award under the PSSP.
  2. The final number of Stapled Securities to be released will depend on the achievement of pre-determined targets at the end of the performance period for the PSSP.
  3. Being the unvested remaining one-third of the Managers' Restricted Stapled Security Plan ("RSSP") 2018 Award.
  4. Being the unvested two-thirds of the RSSP 2019 Award.
  5. On the final vesting, an additional number of Stapled Securities of a total value equal to the value of the accumulated distributions which are declared during each of the vesting periods and deemed foregone due to the vesting mechanism of the RSSP, will also be released.

SUBSTANTIAL STAPLED SECURITYHOLDERS’ STAPLED SECURITYHOLDINGS AS AT 2 MARCH 2020

Based on the information available to the Managers, as at 2 March 2020, the stapled securityholdings of Substantial Stapled Securityholders of ART are as follows:

 
Direct Interest
Deemed Interest
Name of Substantial Stapled Securityholder
No. of Stapled Securities
%1
No. of Stapled Securities
%1
Temasek Holdings (Private) Limited2 ("Temasek")
-
-
1,251,707,791
40.59
Tembusu Capital Pte. Ltd.3 ("Tembusu")
-
-
1,236,124,715
40.09
Bartley Investments Pte. Ltd.3 ("Bartley")
-
-
1,236,124,715
40.09
Mawson Peak Holidings Pte. Ltd.3 ("Mawson")
-
-
1,236,124,715
40.09
Glenville Investments Pte. Ltd.3 ("Glenville")
-
-
1,236,124,715
40.09
TJ Holdings (III) Pte. Ltd.3 ("TJH")
-
-
1,236,124,715
40.09
CLA Real Estate Holdings Pte. Ltd.4 ("CLA")
-
-
1,236,124,715
40.09
CapitaLand Limited5 ("CL")
-
-
1,236,124,715
40.09
The Ascott Limited6 ("Ascott")
476,152,416
15.44
568,792,760
18.44
Somerset Capital Pte Ltd ("SCPL")
568,792,760
18.44
-
-
CapitaLand Financial Limited7 ("CFL")
-
-
191,179,539
6.20
Ascott Residence Trust Management Limited ("ARTML")
191,179,539
6.20
-
-

  1. The percentage is rounded down to the nearest 0.01%
  2. Temasek is deemed to have an interest in the Stapled Securityholdings in which its subsidiaries and associated companies (including but not limited to CLA) have direct or deemed interests pursuant to Section 4 of the Securities and Futures Act, Chapter 289 of Singapore ("SFA").
  3. Temasek holds 100% of the equity interest in Tembusu, which holds 100% of the equity interest in Bartley, which holds 100% of the equity interest in Mawson, which holds 100% of the equity interest in Glenville, which holds 100% of the equity interest in TJH, which holds 100% of the equity interest in CLA. CLA holds approximately 50.89% of the issued shares in CL.
    Each of Tembusu, Bartley, Mawson, Glenville and TJH is deemed to have an interest in the Stapled Securityholdings in which CLA is deemed to have an interest pursuant to Section 4 of the SFA.
  4. CLA is deemed to have an interest in the Stapled Securityholdings that CL is deemed to have an interest pursuant to Section 4 of the SFA.
  5. CL is deemed to have an interest in the Stapled Securityholdings of its wholly owned subsidiaries namely, Ascott, SCPL, CFL and ARTML.
  6. Ascott is deemed to have an interest in the Stapled Securityholdings of its wholly owned subsidiary, SCPL.
  7. CFL is deemed to have an interest in the Stapled Securityholdings of its wholly owned subsidiary, ARTML.

FREE FLOAT

Based on the information available to the Managers as at 2 March 2020, approximately 59% of the Stapled Securities were held in the hands of the public. Rule 723 of the Listing Manual of the SGX-ST has accordingly been complied with.