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ARG announces 3rd quarter dividend

Dividend28 February 2017ARGReal Estate

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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