Dividend reinvestment plan strike price set at $1.5299
NZX RELEASE
18 June 2019
Dividend reinvestment plan strike price set at
$1.5299
Kiwi Property advises that the price for the Dividend Reinvestment Plan (DRP) operating in
respect of the final dividend payable on Thursday, 20 June 2019 is $1.5299 per share. The price
represents a 2% discount to the daily volume weighted average price of shares traded over the
10 business days following and including the ex-date.
Approximately 26% of shareholders, representing 34% of shares on issue, have elected to
participate in the DRP.
Shareholders who wish to participate in the DRP for future dividends should notify Kiwi
Property’s registrar, Link Market Services (Link), on 0800 377 388 or, for Australian investors on
+64 9 375 5998, or you can update your details through the Link website
linkmarketservices.co.nz.
> Ends
Contact us for further information
Stuart Tabuteau
Chief Financial Officer
stuart.tabuteau@kp.co.nz
+64 9 359 4025
About us
Kiwi Property (NZX: KPG) is the largest listed property company on the New Zealand Stock
Exchange and is a member of the S&P/NZX 20 Index. We’ve been around for 25 years and we
proudly own and manage a $3.2 billion portfolio of real estate, comprising some of New
Zealand’s best mixed-use, retail and office buildings. Our objective is to provide investors with
a reliable investment in New Zealand property through the ownership and active
management of a diversified, high-quality portfolio. S&P Global Ratings has assigned Kiwi
Property a corporate credit rating of BBB (stable) and an issue credit rating of BBB+ for each of
its fixed rate senior secured bonds. Kiwi Property is one of the highest rated New Zealand
companies within CDP (Carbon Disclosure Project) and is a member of FTSE4 Good, a series of
benchmarks and tradeable indices for ESG (Environmental, Social and Governance) investors.
Kiwi Property is licensed under the Real Estate Agents Act 2008. To find out more, visit our
website kp.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 Price2019-09-05
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