AIA -DRP strike price and FX rate for 2018 interim dividend
Market Release | 27 March 2018
Dividend Reinvestment Plan strike
price and FX rate for 2018 interim
dividend
Auckland Airport advises that the strike price for the Dividend Reinvestment Plan
(DRP) operating in respect of the dividend payable on 5 April 2018 has been set at
NZ$6.0203 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 under the DRP to receive additional shares rather than
cash. The strike price has been determined in accordance with the terms of the DRP
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 19 March 2018.
The company also advises that the foreign exchange rate used for the payment of the
dividend on 5 April 2018 to Australian investors in AUD has been set at 0.94165.
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.
- FCG — Fonterra Co-operative Group Limited: Notice of Strike Price for Dividend Reinvestment Plan2018-04-17
“17 APRIL 2018 NOTICE OF STRIKE PRICE FOR DIVIDEND REINVESTMENT PLAN Fonterra Co-operative Group Limited advises that the strike price for the shares issued under the dividend reinvestment plan (DRP) operating in respect of the 2018 interim dividend payable on 20 April 2…”
- SUM — Summerset Group Holdings Limited: DRP Strike Price and AUD FX rate for 2017 Final Dividend2018-03-19
“Summerset Group Holdings Limited Level 27 Majestic Centre, 100 Willis St, Wellington PO Box 5187, Wellington 6140 Phone: 04 894 7320 | Fax: 04 894 7319 Website: www.summerset.co.nz NZX AND ASX RELEASE 19 MARCH 2018 DIVIDEND REINVESTMENT PLAN STRIKE PRICE AND AUD FX R…”
- FCG — Fonterra Co-operative Group Limited: Notice of Strike Price for Distribution Reinvestment Plan2018-04-17
“17 APRIL 2018 NOTICE OF STRIKE PRICE FOR DISTRIBUTION REINVESTMENT PLAN Fonterra Co-operative Group Limited has advised that the strike price for the shares issued under the dividend reinvestment plan (DRP) operating in respect of the 2018 interim dividend payable on 2…”