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Allotment Notice 2019 Interim Dividend

Dividend13 May 2019SCTIndustrials

Scott Technology Limited 
630 Kaikorai Valley Road 

Private Bag 1960 

Dunedin 9054 

New Zealand 

 +64 3 478 8110 

               www.scott.co.nz 

 

©Scott Technology Limited | Confidential document 

 

14 May 2019


NZX Main Board and Debt Market - Notice pursuant to Listing Rule 7.12.1


(a) Class of Security and ISIN: Ordinary shares

NZSCTE0001S3


(b) Number issued, acquired or redeemed: 756,287


(c) Nominal value and issue price, acquisition price or

redemption price:

NZ$2.4275 per share


(d) Whether payment was in cash: No – dividend reinvestment

plan


(e) Any amount paid up: NZ$2.4275 per share;

$1,835,886.69 in total


(f) Principal terms of the Securities (other than for Quoted

Securities), for example, the exercise price and exercise

date in respect of an Option, or the conversion price and

conversion date in respect of Convertible Securities or the

ranking of the Securities in relation to other Classes of

Securities:

The shares were issued at a

1.5% discount to the volume

weighted average sale price of

Scott Technology Limited

shares traded on the New

Zealand Stock Exchange for

the period 8 to 10 May 2019.

All shares have equal voting

rights and participate equally in

any subsequent dividend

distribution or any surplus on

the winding up of the company.


(g) Percentage of the total Class of Securities issued, acquired

or redeemed:

0.98%


(h) Reason for the issue, acquisition or redemption: Allotment pursuant to Dividend

Reinvestment Plan


(i) Specific authority for the issue, acquisition or redemption: Dividend reinvestment plan

pursuant to offer document

dated 24 October 2017. 2019

interim dividend authorised by

directors’ resolution dated 3

April 2019, with record date of

7 May 2019 and allotment date

of 14 May 2019.


(j) Terms or details of the issue, acquisition or redemption: Dividend reinvestment plan


(k) Total number of Securities of the Class in existence after

the issue, acquisition or redemption:

77,544,752

    
 

©Scott Technology Limited | Confidential document 

 

(l) In the case of an acquisition of shares by an Issuer which is

a company registered under the Companies Act 1993,

whether those shares are to be held as Treasury Stock:

Not applicable


(m) Dates of issue, acquisition or redemption: 14 May 2019




Chris Hopkins

Chief Executive Officer

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.

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