2019 Final Dividend Reinvestment Plan Strike Price
MARKET RELEASE
Date: 23 October 2019
NZX: GNE / ASX: GNE
Genesis Announces DRP Strike Price
Genesis Energy Limited (GNE) advises that the issue price for shares issued in lieu of cash for the 2019
Final Dividend under its Dividend Reinvestment Plan (DRP) is NZ$3.2619 per share.
The issue price has been determined, in accordance with the DRP, as the volume weighted average
sale price for all Genesis Energy shares sold on the NZX Main Board over a period of five business days
starting on 16 October 2019, less a 2.5% discount.
Shareholders who have elected to participate in the DRP, noting that cut-off for election was 18
October 2019, will receive shares, instead of cash, in respect of the dividend payable on 31 October
2019.
The new shares will rank pari passu with existing shares on issue as at the date of their issue.
ENDS
For media enquiries, please contact:
Emma-Kate Greer
Group Manager Corporate Relations
Genesis Energy
M: 027 655 4499
For investor relations enquiries, please contact:
Cameron Parker
Investor Relations Manager
Genesis Energy
P: 09 951 9311
M: 021 241 3150
About Genesis Energy
Genesis Energy (NZX: GNE, ASX: GNE) is a diversified New Zealand energy company. Genesis sells electricity,
reticulated natural gas and LPG through its retail brands of Genesis Energy and Energy Online and is New
Zealand’s largest energy retailer with approximately 500,000 customers. The Company generates electricity
from a diverse portfolio of thermal and renewable generation assets located in different parts of the country.
Genesis also has a 46% interest in the Kupe Joint Venture, which owns the Kupe Oil and Gas Field offshore of
Taranaki, New Zealand. Genesis had revenue of $NZ2.7 billion during the 12 months ended 30 June 2019. More
information can be found at www.genesisenergy.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.
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