Amended Distribution Notice
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.
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