Freightways Group Limited logo

Amended 2019 Final Dividend Distribution Notice

Dividend27 August 2019FRWIndustrials

Distribution Notice



Section 1: Issuer information

Name of issuer Freightways Limited

Financial product name/description Fully Paid Ordinary Shares

NZX ticker code FRE

ISIN (If unknown, check on NZX

website)

NZFREE0001S0

Type of distribution

(Please mark with an X in the

relevant box/es)

Full Year X Quarterly

Half Year Special

DRP applies

Record date 13 September 2019

Ex-Date (one business day before the

Record Date)

12 September 2019

Payment date (and allotment date for

DRP)

1 October 2019

Total monies associated with the

distribution

1


$24,107,000

Source of distribution (for example,

retained earnings)

Current earnings for the year ended 30 June 2019

Currency NZD

Section 2: Distribution amounts per financial product

Gross distribution

2

$0.21527778

Total cash distribution

3

$0.15500000

Excluded amount (applicable to listed

PIEs)

$-

Supplementary distribution amount $0.02735294

Section 3: Imputation credits and Resident Withholding Tax

4


Is the distribution imputed Fully imputed

If fully or partially imputed, please

state imputation rate as % applied

28%

Imputation tax credits per financial

product

$0.06027778

Resident Withholding Tax per

financial product

$0.01076389


1

Continuous issuers should indicate that this is based on the number of units on issue at the date of the form

2

“Gross distribution” is the total cash distribution plus the amount of imputation credits, per financial product, before the deduction of

Resident Withholding Tax (RWT).

3

“Total cash distribution” is the cash distribution excluding imputation credits, per financial product, before the deduction of RWT.

This should include any excluded amounts, where applicable to listed PIEs.

4

The imputation credits plus the RWT amount is 33% of the gross distribution for the purposes of this form. If the distribution is fully

imputed the imputation credits will be 28% of the gross distribution with remaining 5% being RWT. This does not constitute advice

as to whether or not RWT needs to be withheld.

Section 4: Distribution re-investment plan (if applicable)
DRP % discount (if any)

Nil

Start date and end date for

determining market price for DRP

N/A

N/A

Date strike price to be announced (if

not available at this time)

N/A

Specify source of financial products to

be issued under DRP programme

(new issue or to be bought on market)

N/A


DRP strike price per financial product

$

N/A


Last date to submit a participation

notice for this distribution in

accordance with DRP participation

terms

N/A


Section 5: Authority for this announcement

Name of person


authorised to make

this announcement

Mark Royle

Contact person for this

announcement

Mark Royle

Contact phone number (09) 571 9670

Contact email address Mark.royle@freightways.co.nz

Date of release through MAP


27/08/2019

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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