Further information on ANZ’s DRP Neutralisation
Australia and New Zealand Banking Group Limited ABN 11 005 357 522
News Release
For release: 17 May 2019
Further information on ANZ’s DRP Neutralisation
Further to ANZ’s announcement on 1 May 2019 that it intends to neutralise the impact of
shares provided under the Dividend Reinvestment Plan (DRP) in relation to the 2019 Interim
Dividend, we further advise that:
UBS AG, Australia Branch has been appointed to execute the on-market share
purchase through its related body corporate, UBS Securities Australia Limited.
Shares up to a value of approximately $234 million are expected to be purchased on-
market to satisfy our obligations under the DRP.
The DRP pricing period begins today and finishes on 30 May 2019 (inclusive), subject
to the DRP rules. The on-market purchase of shares is expected to occur during the
DRP pricing period.
DRP participants do not need to take any action in respect of this in order to receive shares
under the DRP.
For media enquiries contact: For shareholder enquiries contact:
Stephen Ries Computershare
Tel: +61 409 655 551 1800 11 33 99
+613 9415 4010 (international callers)
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…”
- AIA — Auckland International Airport Limited: AIA – Dividend Reinvestment Plan and FX rate2019-03-31
“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 bee…”
- SPK — Spark New Zealand Limited: Spark New Zealand H1 FY19 Results2019-02-19
“Corporate Action Notice (for a Distribution) Section 1: issuer information Name of issuer Spark New Zealand Limited Financial product name/description Ordinary shares NZX ticker code SPK ISIN NZ TELE0001S4 Type of distribution Full Year Quarterly Half Year Spec…”