CDL Hospitality Trusts has announced the issuance of 2,240,837 stapled securities as payment for 80% of the base management fees for the period from 1 October 2025 to 31 December 2025. Of these, 1,977,204 stapled securities were issued to the manager of CDL Hospitality Real Estate Investment Trust and 263,633 stapled securities to the trustee-manager of CDL Hospitality Business Trust, both at an issue price of S$0.8199 per stapled security. This payment method follows the trust deeds' provision to use the market price as determined by the volume weighted average price over the preceding 10 business days. The total number of stapled securities in issue now stands at 1,273,011,283.
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