Allotment of securities – DRP
NZX RELEASE
21 June 2018
Allotment of securities
Pursuant to Listing Rule 7.12.1, Kiwi Property Group Limited gives notice as follows:
(a) Class of security and ISIN: Fully paid ordinary shares. The ISIN is NZKPGE0001S9
(b) Number of securities issued: 8,929,496
(c) Issue price: $1.3616
(d) Payment: Cash
(e) Amount paid up: Fully paid
(f) The principal terms of the securities (other than for quoted securities): Not applicable as
quoted securities
(g) % of the total class of securities issued: 0.625% of the shares on issue (including these
new shares)
(h) Reason for issue: The shares were issued pursuant to the Dividend Reinvestment Plan in
respect of the final dividend for the six month period ended 31 March 2018 of 3.425
cents per share, payable 21 June 2018
(i) Specific authority for issue: Dividend Reinvestment Plan terms and Board resolutions
dated 18 May 2018
(j) Terms or details of issue: The terms or details of the issue are contained in the Dividend
Reinvestment Plan terms dated 22 December 2014 (as amended on 8 September 2017)
(k) Total number of securities of the class in existence after the issue: 1,429,409,795
(l) Treasury stock acquisition: Not applicable
(m) Date of issue: 21 June 2018
> Ends
Contact us for further information
Stuart Tabuteau
Chief Financial Officer
stuart.tabuteau@kp.co.nz
+64 9 359 4025
Gavin Parker
Chief Operating Officer
gavin.parker@kp.co.nz
+64 9 359 4012
About us
Kiwi Property (NZX: KPG) is the largest listed property company on the New Zealand Stock
Exchange and is a member of the S&P/NZX 15 Index. We’ve been around for more than 20
years and we proudly own and manage a $3.1 billion portfolio of real estate, comprising some
of New Zealand’s best shopping centres and prime office buildings. Our objective is to provide
investors with a reliable investment in New Zealand property by targeting superior risk-adjusted
returns over time through the ownership and active management of a diversified, high-quality
portfolio. S&P Global Ratings has assigned Kiwi Property a corporate credit rating of BBB (stable)
and an issue credit rating of BBB+ for each of its fixed rate senior secured bonds. Kiwi Property is
licensed under the Real Estate Agents Act 2008. To find out more, visit our website kp.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.
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