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Issue Price for Dividend Reinvestment Plan

Dividend26 September 2018MOVIndustrials

26 September 2018
Company Announcement


330 Devon St East, New Plymouth

NEW ZEALAND WIDE | NATIONAL & INTERNATIONAL FREIGHT AND LOGISTICS



DIVIDEND REINVESTMENT PLAN PRICE


TIL Logistics Group Limited (NZX:TLL) advises that the price at which shares will be issued under

the TIL Logistics Dividend Reinvestment Plan for the dividend payable on 28 September 2018 has

been set at NZ$1.61 per share.


The price was calculated on the basis of the arithmetic average of the daily volume weighted

average sale price (rounded to the nearest cent) of all TLL shares sold through the NZX Main

Board (excluding special trades) over a period of five trading days commencing on 19

th

September

2018, less a discount of 3%.


A total of 1,048,065 shares will be issued to participating shareholders on 28 September 2018.



ENDS


For further information and media assistance, please contact:


Greg Whitham

Chief Financial Officer

Phone: +64 27 471 7120

Email: greg.whitham@til.kiwi


About TIL Logistics Group Limited (TLL)


TLL is one of the largest domestic freight and logistics businesses in New Zealand, with a

nationwide network of branches, depots and warehouses. TLL’s activities include transporting and

warehousing freight throughout New Zealand and co-ordinating freight movements offshore with

the assistance of international alliances. TLL also has a specialist road tanker division which is one

of the largest operators in the New Zealand fuel delivery market.

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.