Mercury NZD/AUD FX rate for FY2019 interim dividend

Mercury NZD/AUD FX rate for FY2019 interim dividend
21 March 2019 –
The foreign exchange rate used for Mercury’s FY2019 interim dividend payable to Australian investors in
Australian Dollars (NZD/AUD) has been set to 0.9669. The dividend will be paid on 1 April 2019.
Attached is an amended ASX Appendix 3A.1 Notification of Dividend/Distribution released to the ASX.
ENDS
For further information:
Media – Craig Dowling 0272 105 337
Investors – Tim Thompson 0275 173 470
ABOUT MERCURY NZ LIMITED
Mercury’s mission is energy freedom. Our purpose is to inspire New Zealanders to enjoy energy in more wonderful ways and
our goal is to be New Zealand’s leading energy brand. We focus on our customers, our people, our partners and our country;
maintain a long term view of sustainability; and promote wonderful choices. Mercury is energy made wonderful.
Visit us at: www.mercury.co.nz
STOCK EXCHANGE LISTINGS: NEW ZEALAND (MCY) / AUSTRALIA (MCY)

NEWS RELEASE

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Update Summary
Entity name
MERCURY NZ LIMITED
Security on which the Distribution will be paid
MCY - ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Announcement Type
Update to previous announcement
Date of this announcement
Thursday March 21, 2019
Reason for the Update
Confirmation of the NZD/AUD exchange rate for FY2019 interim dividend to be paid on 1 April 2019.
Additional Information
The foreign exchange rate used for Mercury's FY2019 interim dividend payable to Australian investors in Australian
Dollars (NZD/AUD) has been set to 0.9669. The dividend will be paid on 1 April 2019.
Refer to below for full details of the announcement
Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
MERCURY NZ LIMITED
1.2 Registered Number Type
ARBN
Registration Number
162804668
1.3 ASX issuer code
MCY
1.4 The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
Confirmation of the NZD/AUD exchange rate for FY2019 interim dividend to be paid on 1 April 2019.
1.4b Date of previous announcement(s) to this update
Tuesday February 26, 2019
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1.5 Date of this announcement
Thursday March 21, 2019
1.6 ASX +Security Code
MCY
ASX +Security Description
ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Part 2A - All dividends/distributions basic details
2A.1 Type of dividend/distribution
Ordinary
2A.2 The Dividend/distribution:
relates to a period of six months
2A.3 The dividend/distribution relates to the financial reporting or payment period ending
ended/ending (date)
Monday December 31, 2018
2A.4 +Record Date
Thursday March 14, 2019
2A.5 Ex Date
Wednesday March 13, 2019
2A.6 Payment Date
Monday April 1, 2019
2A.7 Are any of the below approvals required for the dividend/distribution before business day 0
of the timetable?
Security holder approval
Court approval
Lodgement of court order with +ASIC
ACCC approval
FIRB approval
Another approval/condition external to the entity required before business day 0 of the
timetable for the dividend/distribution.
No
2A.8 Currency in which the dividend/distribution is made ("primary currency")
NZD - New Zealand Dollar
2A.9 Total dividend/distribution payment amount
per +security (in primary currency) for all
dividends/distributions notified in this form
NZD 0.07294100
2A.9a AUD equivalent to total
dividend/distribution amount per +security
0.07052665

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2A.9b If AUD equivalent not known, date for
information to be released
Thursday March 21, 2019
Estimated or Actual?
Actual
2A.9c FX rate (in format AUD 1.00 / primary
currency rate): AUD
AUD 1.00
FX rate (in format AUD rate/primary currency
rate) Primary Currency rate
NZD 1.03423312
2A.10 Does the entity have arrangements
relating to the currency in which the
dividend/distribution is paid to securityholders
that it wishes to disclose to the market?
Yes
2A.11 Does the entity have a securities plan for
dividends/distributions on this +security?
We do not have a securities plan for
dividends/distributions on this security
2A.12 Does the +entity have tax component
information apart from franking?
No
2A.13 Withholding tax rate applicable to the dividend/distribution
15.000000
Part 2B - Currency Information
2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes
such as the banking instruction or registered address of the +securityholder? (For example NZD
to residents of New Zealand and/or USD to residents of the U.S.A.).
Yes
2B.2 Please provide a description of your currency arrangements
Payment to shareholders on the Australian register will be calculated on the AUD/NZD foreign exchange hedge rate
of 0.9669
2B.2a Other currency/currencies in which the dividend/distribution will be paid:
AUD - Australian DollarAUD 0.07052665
2B.2b Please provide the exchange rates used for non-primary currency payments
NZD/AUD 0.9669
2B.2c If payment currency equivalent and
exchange rates not known, date for information
to be released
Thursday March 21, 2019
Estimated or Actual?
Actual
2B.3 Can the securityholder choose to receive a currency different to the currency they would
receive under the default arrangements?
No

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Part 3A - Ordinary dividend/distribution
3A.1 Is the ordinary dividend/distribution
estimated at this time?
No
3A.1a Ordinary dividend/distribution estimated
amount per +security
NZD
3A.1b Ordinary Dividend/distribution amount per
security
NZD 0.06200000
3A.2 Is the ordinary dividend/distribution
franked?
No
3A.3 Percentage of ordinary
dividend/distribution that is franked
0.0000 %
3A.4 Ordinary dividend/distribution franked
amount per +security
NZD 0.00000000
3A.5 Percentage amount of dividend which is
unfranked
100.0000 %
3A.6 Ordinary dividend/distribution unfranked
amount per +security excluding conduit foreign
income amount
NZD 0.06200000
Part 3F - NZD declared dividends/distributions - supplementary dividend/distribution
3F.1 Is a supplementary dividend/distribution payable?
Yes
3F.2 Is the supplementary dividend/distribution
estimated at this time?
No
3F.2a Supplementary dividend/distribution
estimated amount per +security
NZD
3F.2b Supplementary dividend/distribution amount per +security
NZD 0.01094100
3F.3 Is the Supplementary dividend/distribution
franked?
No
3F.4 Percentage of Supplementary
dividend/distribution that is franked
0.0000 %
3F.4a Applicable corporate tax rate for franking
credit (%)
%
3F.5 Supplementary dividend/distribution
franked amount per +security
NZD 0.00000000
3F.6 Percentage of Supplementary
dividend/distribution that is unfranked
100.0000 %
3F.7 Supplementary dividend/distribution unfranked amount per security
NZD 0.01094100

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Part 5 - Further information
5.1 Please provide any further information applicable to this dividend/distribution
The total dividend/distribution amount per security referred to in 2A.9 relates to an ordinary dividend of NZD
0.06200 plus a supplementary dividend of NZD 0.010941 payable to non-New Zealand resident shareholders.
5.2 Additional information for inclusion in the Announcement Summary
The foreign exchange rate used for Mercury's FY2019 interim dividend payable to Australian investors in Australian
Dollars (NZD/AUD) has been set to 0.9669. The dividend will be paid on 1 April 2019.