AIA DRP strike price and FX rate for 2017 Interim Dividend
Market Release | 28 March 2017
Dividend Reinvestment Plan strike
price and FX rate for 2017 interim
dividend
Auckland Airport advises that the strike price for the Dividend Reinvestment Plan
operating in respect to the dividend payable on 4 April 2017 has been set at NZ$6.6935
per share. The strike price is inclusive of a 2.5% discount.
This strike price will apply in calculating the number of shares to be issued to
participants who have elected to receive additional shares rather than cash. The strike
price has been determined in accordance with the terms of the Dividend Reinvestment
Plan and is calculated as 97.5% of the volume weighted average sale price of Auckland
Airport shares sold on the NZX Main Board over a period of five business days starting
on 20 March 2017.
The company also advises that the foreign exchange rate used for the payment of the
dividend on 4 April 2017 to Australian investors in AUD has been set at 0.9239.
Ends
For further information, please contact:
Suzannah Steele
+64 9 257 7043
+64 27 203 2822
suzannah.steele@aucklandairport.co.nz
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.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
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- SUM — Summerset Group Holdings Limited: DRP Strike Price and AUD FX rate for 2016 Final Dividend2017-03-17
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- ARG — Argosy Property Limited: ARG announces dividend reinvestment plan strike price2017-03-21
“22 March 2017 MARKET RELEASE ARG announces dividend reinvestment plan strike price Argosy Property Limited wishes to advise that the strike price for the Dividend Reinvestment Plan, operating in respect of the dividend payable on Thursday, 30 March 2017, is $0.9769 per…”