AIAL Dividend Reinvestment Plan strike price and FX rate
Market Release | 16 October 2017
Dividend Reinvestment Plan strike
price and FX rate for 2017 final
dividend
Auckland Airport advises that the strike price for the Dividend Reinvestment Plan
operating in respect to the dividend payable on 20 October 2017 has been set at
NZ$6.1055 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 5 October 2017.
The company also advises that the foreign exchange rate used for the payment of the
dividend on 20 October 2017 to Australian investors in AUD has been set at 0.9092.
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.
- FPH — Fisher & Paykel Healthcare Corporation Limited: Dividend Reinvestment Plan Strike Price and AUD FX Rate2017-12-13
“Stock Exchange Announcement STOCK EXCHANGE LISTINGS: NEW ZEALAND (FPH), AUSTRALIA (FPH) DIVIDEND REINVESTMENT PLAN STRIKE PRICE AND AUD FX RATE FOR INTERIM DIVIDEND Auckland, New Zealand, 14 December 2017 - Fisher & Paykel Healthcare Corporation Limited (NZX:FPH, ASX:F…”
- KPG — Kiwi Property: Dividend reinvestment plan strike price set at $1.35722017-12-17
“NZX RELEASE 18 December 2017 Dividend reinvestment plan strike price set at $1.3572 Kiwi Property advises that the price for the Dividend Reinvestment Plan (DRP) operating in respect of the interim dividend payable on Wednesday, 20 December 2017 is $1.3572 per share. Th…”
- IFT — Infratil Limited: AUD FX Rate for Interim Dividend to be paid on 15 December2017-11-29
“Infratil Limited 5 Market Lane, PO Box 320, Wellington, New Zealand Tel +64-4-473 3663 Fax +64-4-473 2388 www.infratil.com 29 November 2017 AUD FX Rate for Interim Dividend to be paid on 15 December 2017 Infratil advises that the foreign excha…”