2018 Final Dividend Reinvestment Plan Strike Price
MARKET ANNOUNCEMENT
Date: 11 October 2018
NZX: GNE / ASX: GNE
Genesis Announces DRP Strike Price
Genesis Energy Limited (NZX: GNE) advises that the issue price for shares issued in lieu of cash for the
2018 Final Dividend under its Dividend Reinvestment Plan (DRP) is $2.4132 per share.
The issue price has been determined, in accordance with the DRP, as the volume weighted average
sale price for all Genesis Energy shares sold on the NZX Main Board over a period of five business days
starting on 4 October 2018, less a 2.5% discount.
Shareholders who have elected to participate in the DRP, will receive shares, instead of cash, in respect
of the dividend payable on 19 October 2018.
The new shares will rank pari passu with existing shares on issue as at the date of their issue.
ENDS
For media enquiries, please contact:
Emma-Kate Greer
Group Manager Corporate Relations
M: 027 655 4499
For investor relations enquiries, please contact:
Cameron Parker
Investor Relations Manager
Genesis Energy
P: 09 951 9311
M: 021 241 3150
About Genesis Energy
Genesis Energy (NZX: GNE, ASX: GNE) is a diversified New Zealand energy company. It sells electricity, reticulated
natural gas and LPG through its retail brands of Genesis Energy and Energy Online. It is New Zealand’s largest
energy retailer with around 500,000 customers. The Company generates electricity from a diverse portfolio of
thermal and renewable generation assets located in different parts of the country. Genesis Energy also has a
46% interest in the Kupe Joint Venture, which owns the Kupe Oil and Gas Field offshore of Taranaki, New
Zealand. Genesis Energy had revenue of $NZ2.3bn during the 12 months ended 30 June 2018. More information
can be found at www.genesisenergy.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.
- KPG — Kiwi Property: Dividend reinvestment plan strike price set at $1.36422018-12-17
“NZX RELEASE 17 December 2018 Dividend reinvestment plan strike price set at $1.3642 Kiwi Property advises that the price for the Dividend Reinvestment Plan (DRP) operating in respect of the interim dividend payable on Wednesday, 19 December 2018 is $1.3642 per share. T…”
- NZX — NZX Limited: Dividend Reinvestment Plan: Strike Price2018-09-11
“NZX Limited Level 1, NZX Centre 11 Cable Street PO Box 2959 Wellington 6140 New Zealand Tel +64 4 472 7599 www.nzx.com 12 September 2018 Dividend Reinvestment Plan: Strike Price NZX advises that the strike price for the dividend reinvestment plan (DRP) oper…”
- ENS — Enprise Group Limited: 2018 Final Dividend2018-09-20
“ANNOUNCEMENT TO NZX RE DIVIDEND AND RECORD DATE 21 September 2018 BY EMAIL: announce@nzx.com NZX Limited WELLINGTON Enprise Group Limited - Declaration of Dividend and Dividend Reinvestment Plan The Board of the Company has resolved to declare a dividend of 1.0 cent…”