Scott Technology Limited logo

Amended Distribution Notice

Dividend30 October 2019SCTIndustrials

Distribution Notice


Please note: all cash amounts in this form should be provided to 8 decimal places

Section 1: Issuer information

Name of issuer Scott Technology Ltd

Financial product name/description Ordinary Shares

NZX ticker code SCT

ISIN NZSCTE0001S3

Type of distribution

(Please mark with an X in the

relevant box/es)

Full Year X Quarterly

Half Year Special

DRP applies X

Record date 15 November 2019

Ex-Date (one business day before the

Record Date)

14 November 2019

Payment date (and allotment date for

DRP)

26 November 2019

Total monies associated with the

distribution

1


$3,101,790

Source of distribution (for example,

retained earnings)

Retained Earnings

Currency NZD

Section 2: Distribution amounts per financial product

Gross distribution

2

$0.04902705

Total cash distribution

3

$0.04000000

Excluded amount (applicable to listed

PIEs)

N/A

Supplementary distribution amount

$0.00409631

Section 3: Imputation credits and Resident Withholding Tax

4


Is the distribution imputed Partial Imputation

If fully or partially imputed, please

state imputation rate as % applied

58%

Imputation tax credits per financial

product

$0.00902705

Resident Withholding Tax per

financial product

$0.00715188


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)

1.5%

Start date and end date for

determining market price for DRP

18 November 2019 20 November 2019

Date strike price to be announced (if

not available at this time)

22 November 2019

Specify source of financial products to

be issued under DRP programme

(new issue or to be bought on market)

New Issue

DRP strike price per financial product

The Scott Board has approved a discount of 1.5% to the

volume weighted average sales price (“VWAP”) for the

shares to be issued under the DRP for the 2019 final

dividend. The VWAP shall be determined over the

period of 18 November 2019 to 20 November 2019

(both inclusive).

Last date to submit a participation

notice for this distribution in

accordance with DRP participation

terms

15 November 2019

Section 5: Authority for this announcement

Name of person


authorised to make

this announcement

Chris Hopkins

Contact person for this

announcement

Chris Hopkins

Contact phone number +64 21 815 975

Contact email address c.hopkins@scott.co.nz

Date of release through MAP


24 October 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.

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: Amended Distribution Notice
    2019-08-13

    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 Section 1: Issuer information Name of issuer NZX Limited Financial product name/description Ordinary shares NZX ticker code NZX ISIN (If unkno…”

  • IFT — Infratil Limited: Interim results for the period ended 30 September 2019
    2019-11-12

    Distribution Notice Please note: all cash amounts in this form should be provided to 8 decimal places Section 1: Issuer information Name of issuer Infratil Limited Financial product name/description Ordinary Shares NZX ticker code IFT ISIN (If unknown, check on N…”

  • IFT — Infratil Limited: Amended interim results announcement
    2019-11-15

    Distribution Notice Please note: all cash amounts in this form should be provided to 8 decimal places Section 1: Issuer information Name of issuer Infratil Limited Financial product name/description Ordinary Shares NZX ticker code IFT ISIN (If unknown, check on N…”