AIA Market Release – Dividend Reinvestment Plan
Market Release | 14 October 2019
Dividend Reinvestment Plan strike
price and FX rate for 2019 final
dividend
Auckland Airport advises that the strike price for the Dividend Reinvestment Plan
(DRP) operating in respect of the dividend payable on 18 October 2019 has been set
at NZ$8.8387 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 4 October 2019.
The company also advises that the foreign exchange rate used for the payment of the
dividend on 18 October 2019 to Australian investors in AUD has been set at 0.9360.
Ends
For further information, please contact:
Suzannah Steele
+64 9 257 7043
+64 27 203 2822
suzannah.steele@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 Price2019-09-05
“NZX Limited Level 1, NZX Centre 11 Cable Street PO Box 2959 W ellington 6140 New Zealand Tel +64 4 472 7599 www.nzx.com 6 September 2019 Dividend Reinvestment Plan: Strike Price NZX advises that the strike price for the dividend reinvestment plan (DRP) oper…”
- AFI — Australian Foundation Investment Company Limited: AFI Dividend Details2019-07-22
“Notification of dividend / distribution Notification of dividend / distribution 5 / 7 Part 3E - Other - distribution components / tax 3E.1 Please indicate where and when information about tax components can be obtained (you may enter a url). 5 cents of the final dividend are sour…”
- AFI — Australian Foundation Investment Company Limited: Updated Dividend Information Form as announced to the ASX2019-08-12
“Notification of dividend / distribution Notification of dividend / distribution 5 / 7 3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount AUD 0.00000000 3A.7 Ordinary dividend/distribution conduit foreign income amount per se…”