AIA – Dividend Reinvestment Plan and FX rate
Market Release | 1 April 2019
Dividend Reinvestment Plan strike
price and FX rate for 2019 interim
dividend
Auckland Airport advises that the strike price for the Dividend Reinvestment Plan
(DRP) operating in respect of the dividend payable on 5 April 2019 has been set at
NZ$7.7764 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 21 March 2019.
The company also advises that the foreign exchange rate used for the payment of
the dividend on 5 April 2019 to Australian investors in AUD has been set at 0.9586.
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 Price2019-03-14
“NZX Limited Level 1, NZX Centre 11 Cable Street PO Box 2959 Wellington 6140 New Zealand Tel +64 4 472 7599 www.nzx.com 15 March 2019 Dividend Reinvestment Plan: Strike Price NZX advises that the strike price for the dividend reinvestment plan (DRP) operat…”
- AIR — Air New Zealand: Air NZ advises AUD FX rate for 2019 Interim Dividend2019-03-22
“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…”
- SUM — Summerset Group Holdings Limited: DRP Strike Price and AUD FX Rate for 2018 Final Dividend2019-03-17
“Summerset Group Holdings Limited Level 27 Majestic Centre, 100 Willis St, Wellington PO Box 5187, Wellington 6140 Phone: 04 894 7320 | Fax: 04 894 7319 Website: www.summerset.co.nz NZX AND ASX RELEASE 18 MARCH 2019 DIVIDEND REINVESTMENT PLAN STRIKE PRICE AND AU…”