AIA – DRP strike price and FX rate for 2018 final dividend
Market Release | 11 October 2018
Dividend Reinvestment Plan strike
price and FX rate for 2018 final
dividend
Auckland Airport advises that the strike price for the Dividend Reinvestment Plan
(DRP) operating in respect of the dividend payable on 19 October 2018 has been set
at NZ$7.0313 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 4 October 2018.
The company also advises that the foreign exchange rate used for the payment of the
dividend on 19 October 2018 to Australian investors in AUD has been set at 0.9110.
Ends
For further information, please contact:
Stewart Reynolds
+64 9 257 7059
+64 27 511 9632
Stewart.Reynolds@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.
- 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…”
- FPH — Fisher & Paykel Healthcare Corporation Limited: Dividend Reinvestment Plan Strike Price and AUD FX Rate2018-12-18
“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, 18 December 2018 - Fisher & Paykel Healthcare Corporation Limited (NZX:FPH, ASX:F…”
- AIR — Air New Zealand: Air New Zealand advises AUD FX rate for 2018 Final Dividend2018-09-12
“Stock exchange listings: New Zealand (NZX: AIR) / Australia (ASX: AIZ) / ADR (OTC: ANZLY) MARKET ANNOUNCEMENT Air New Zealand postal address: Private Bag 92007, Auckland, 1142, New Zealand Investor Relations email: investor@airnz.co.nz Investor website: www.airnewzeala…”