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2019 Final Dividend Reinvestment Plan Strike Price

Dividend22 October 2019GNEUtilities

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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