Distribution Reinvestment Plan
The Constitution provides for a Distribution Reinvestment Plan (DRP). Directors of GJFML may decide for which distributions, if any, the DRP will be available.
When the DRP applies to a distribution, unitholders can reinvest cash distributions from all or part of their unitholding in new units at a discount to the unit's market price. The effect of the DRP is that at or about the distribution payment date, the cash distribution in relation to the units under the DRP is automatically invested in the acquisition of new units in GJT.
No brokerage, commission or stamp duty is paid by unitholders in relation to units issued under the DRP. Units issued under the DRP rank equally with existing issued units. After allotment, an application will be made to have the units issued under the DRP, quoted on ASX.
At this time, the DRP is not activated.
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