ARG announces 3rd quarter dividend
1 March 2017
MARKET RELEASE
ARG announces third quarter dividend
Argosy Property Limited (Company) has announced a third quarter (for the period to 31 December
2016) cash dividend for the 2017 financial year of 1.525 cents per share. Imputation credits of
0.427459 cents per share will be attached to the dividend representing income tax paid by the
Company. Overseas investors will receive an additional supplementary dividend of 0.193973 cents
per share to offset non resident withholding tax.
As Argosy is a PIE the dividend is able to be treated as excluded income for New Zealand income tax
purposes. For shareholders who choose to include the dividend in their New Zealand income tax
return the Company’s third quarter dividend of 1.525 cents per share is made up of:
- a fully imputed dividend of 1.099180 cents per share with imputation credits of 0.427459
cents per share attached; and
- an excluded distribution of 0.425820 cents per share.
(Shareholders who treat the entire dividend as excluded income for New Zealand income tax
purposes will not be able to claim the imputation credits).
The record date for the dividend is 16 March 2017 and the payment date is 30 March 2017.
The dividend reinvestment plan (“DRP”) will continue but no discount (formerly 1%) will be applied
to the price at which shares will be issued under the DRP for this dividend.
Shareholders wishing to participate in the DRP for the dividend on 30 March 2017 - and who haven’t
notified the Company’s Registrar, Computershare Investor Services Limited, of their intention - are
required to do so by completing an Election Notice or Notice of Change or Withdrawal (as
appropriate) in time to be received before 5.00pm, 16 March 2017. Election Notices and Notices of
Change or Withdrawal received by the Registrar on or after 5.00pm, 16 March 2017 will not apply to
the 30 March 2017 dividend but will take effect for future dividends.
An Election Notice can be obtained by contacting Computershare on (09) 488 8777.
– ENDS –
Press enquiries
Peter Mence
Chief Executive Officer
Argosy Property Limited
Telephone: 09 304 3411
Email: pmence@argosy.co.nz
Dave Fraser
Chief Financial Officer
Argosy Property Limited
Telephone: 09 304 3469
Email: dfraser@argosy.co.nz
Scott Lunny
Investor Relations Manager
Argosy Property Limited
Telephone: 09 304 3426
Email: slunny@argosy.co.nz
---
APPENDIX 7 – NZSX Listing Rules
Number of pages including this one
(Please provide any other relevant
NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10.details on additional pages)
For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required.
Full name
of Issuer
Name of officer authorised to
Authority for event,
make this notice
e.g. Directors' resolution
Contact phone
Contact fax
numbernumberDate
Nature of event
BonusIf ticked,Rights Issue
Tick as appropriateIssuestate whether:Taxable/ Non TaxableConversionInterestRenouncable
Rights IssueCapitalCallDividend
If ticked, stateFull
non-renouncable
change
✓
whether:
Interim
✓
YearSpecialDRP Applies
✓
EXISTING securities affected by this
If more than one security is affected by the event, use a separate form.
Description of theISI
N
class of securities
If unknown, contact NZX
Details of securities issued pursuant to this eventIf more than one class of security is to be issued, use a separate form for each class.
Description of theISI
N
class of securities
If unknown, contact NZX
Number of Securities toMinimum
Ratio, e.g
be issued following eventEntitlemen
t
1 for 2 for
Conversion, Maturity, Call
Treatment of Fractions
Payable or Exercise Date
Tick i
f
provide an
pari passu
ORexplanation
Strike price per security for any issue in lieu or date
of the
Strike Price available.
ranking
Monies Associated with Event
Dividend payable, Call payable, Exercise price, Conversion price, Redemption price, Application money.
Source of
Amount per securityPayment
(does not include any excluded income)
Excluded income per security
(only applicable to listed PIEs)
SupplementaryAmount per security
Currencydividendin dollars and cents
details -
NZSX Listing Rule 7.12.7
Total monies
TaxationAmount per Security in Dollars and cents to six decimal places
In the case of a taxable bonusResident
Imputation Credits
issue state strike priceWithholding Tax(Give details)
Foreign
FDP Credits
Withholding Tax(Give details)
Timing
(Refer Appendix 8 in the NZSX Listing Rules)
Record Date 5pmApplication Date
For calculation of entitlements -
Also, Call Payable, Dividend /
Interest Payable, Exercise Date,
Conversion Date. In the case
of applications this must be the
last business day of the week.
Notice DateAllotment Date
Entitlement letters, call notices,For the issue of new securities.
conversion notices mailedMust be within 5 business days
of application closing date.
OFFICE USE ONLY
Ex Date:
Commence Quotin
g RightsSecurity Code:
Cease Quoting Rights 5pm:
Commence Quoting New SecuritiesSecurity Code:
Cease Quoting Old Security 5pm:
EMAIL: announce@nzx.com
Notice of event affecting securities
Argosy Property Limited
Dave FraserDirectors' resolution
09 304 346909 302 099628022017
Ordinary sharesNZARGE0010S7
In dollars and cents
Cash
$0.010992
$0.004258
Enter N/A if not
applicable
$Nil$0.004275
NilNil
NZD$0.00193973
$12,520,311.092
Date Payable
30 March, 2017
16 March, 201730 March, 2017
30 March, 2017
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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