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2019 Final Dividend AUD Foreign Exchange Rate

Dividend31 October 2019GNEUtilities

MARKET RELEASE
Date: 31 October 2019

NZX: GNE / ASX: GNE

Confirmation of the 2019 Final Dividend AUD FX Rate


Genesis Energy Limited (NZX: GNE) advises that the AUD foreign exchange rate applied to its 2019

Final Dividend is $0.93554, payable on Thursday 31 October 2019.


Attached is an updated ASX Appendix 3A.1 Notification of Dividend/Distribution released on the ASX.


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

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Update Summary

Entity name

GENESIS ENERGY LIMITED

Security on which the Distribution will be paid

GNE - ORDINARY FULLY PAID FOREIGN EXEMPT NZX

Announcement Type

Update to previous announcement

Date of this announcement

Thursday October 31, 2019

Reason for the Update

Inclusion of the AUD foriegn exchange rate to be applied to Genesis FY19 Final Dividend

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

GENESIS ENERGY LIMITED

1.2 Registered Number Type

ACN

Registration Number

149509599

1.3 ASX issuer code

GNE

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Inclusion of the AUD foriegn exchange rate to be applied to Genesis FY19 Final Dividend

1.4b Date of previous announcement(s) to this update

Friday October 25, 2019

1.5 Date of this announcement

Thursday October 31, 2019

1.6 ASX +Security Code

GNE

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ASX +Security Description

ORDINARY FULLY PAID FOREIGN EXEMPT NZX

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution

Ordinary

2A.2 The Dividend/distribution:

relates to a period of six months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending

ended/ending (date)

Sunday June 30, 2019

2A.4 +Record Date

Thursday October 17, 2019

2A.5 Ex Date

Wednesday October 16, 2019

2A.6 Payment Date

Thursday October 31, 2019

2A.7 Are any of the below approvals required for the dividend/distribution before business day 0

of the timetable?

Security holder approval

Court approval

Lodgement of court order with +ASIC

ACCC approval

FIRB approval

Another approval/condition external to the entity required before business day 0 of the

timetable for the dividend/distribution.

No

2A.8 Currency in which the dividend/distribution is made ("primary currency")

NZD - New Zealand Dollar

2A.9 Total dividend/distribution payment amount

per +security (in primary currency) for all

dividends/distributions notified in this form

NZD 0.09814100

2A.9a AUD equivalent to total

dividend/distribution amount per +security

0.09258585

2A.9b If AUD equivalent not known, date for

information to be released

Friday October 25, 2019

Estimated or Actual?

Actual

2A.9c FX rate (in format AUD 1.00 / primary

currency rate): AUD

AUD 1.00

FX rate (in format AUD rate/primary currency

rate) Primary Currency rate

NZD 1.06890138

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2A.10 Does the entity have arrangements

relating to the currency in which the

dividend/distribution is paid to securityholders

that it wishes to disclose to the market?

No

2A.11 Does the entity have a securities plan for

dividends/distributions on this +security?

We have a Dividend/Distribution Reinvestment

Plan (DRP)

2A.11a If the +entity has a DRP, is the DRP

applicable to this dividend/distribution?

Yes

2A.11a(i) DRP Status in respect of this

dividend/distribution

Full DRP

2A.12 Does the +entity have tax component

information apart from franking?

No

2A.13 Withholding tax rate applicable to the dividend/distribution

15.000000

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution

estimated at this time?

No

3A.1a Ordinary dividend/distribution estimated

amount per +security

NZD

3A.1b Ordinary Dividend/distribution amount per

security

NZD 0.08600000

3A.2 Is the ordinary dividend/distribution

franked?

No

3A.3 Percentage of ordinary

dividend/distribution that is franked

0.0000 %

3A.4 Ordinary dividend/distribution franked

amount per +security

NZD 0.00000000

3A.5 Percentage amount of dividend which is

unfranked

100.0000 %

3A.6 Ordinary dividend/distribution unfranked

amount per +security excluding conduit foreign

income amount

NZD 0.08600000

Part 3F - NZD declared dividends/distributions - supplementary dividend/distribution

3F.1 Is a supplementary dividend/distribution payable?

Yes

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3F.2 Is the supplementary dividend/distribution

estimated at this time?

No

3F.2a Supplementary dividend/distribution

estimated amount per +security

NZD

3F.2b Supplementary dividend/distribution amount per +security

NZD 0.01214100

3F.3 Is the Supplementary dividend/distribution

franked?

No

3F.4 Percentage of Supplementary

dividend/distribution that is franked

0.0000 %

3F.4a Applicable corporate tax rate for franking

credit (%)

%

3F.5 Supplementary dividend/distribution

franked amount per +security

NZD 0.00000000

3F.6 Percentage of Supplementary

dividend/distribution that is unfranked

100.0000 %

3F.7 Supplementary dividend/distribution unfranked amount per security

NZD 0.01214100

Part 4A - +Dividend reinvestment plan (DRP)

4A.1 What is the default option if +security holders do not indicate whether they want to

participate in the DRP?

Do not participate in DRP (i.e. cash payment)

4A.2 Last date and time for lodgement of

election notices to share registry under DRP

Friday October 18, 2019 17:00:00

4A.3 DRP discount rate

2.5000 %

4A.4 Period of calculation of reinvestment price

Start Date

Wednesday October 16, 2019

End Date

Tuesday October 22, 2019

4A.5 DRP price calculation methodology

Additional shares to be acquired by a participating shareholder will be calculated as the number of participating

shares multiplied by the net proceeds per share for cash dividends divided by price. The price is the volume

weighted average sale price over a period of five business days starting on the ex date less the discount.

4A.6 DRP Price (including any discount):

NZD 3.26190

4A.7 DRP +securities +issue date

Thursday October 31, 2019

4A.8 Will DRP +securities be a new issue?

Yes

4A.8a Do DRP +securities rank pari passu from

+issue date?

Yes

4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation?

No

4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation?

No

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4A.11 Are there any other conditions applying to DRP participation?

Yes

4A.11a Conditions for DRP participation

Participants must maintain residency in either New Zeland or Australia

4A.12 Link to a copy of the DRP plan rules

4A.13 Further information about the DRP

Part 5 - Further information

5.1 Please provide any further information applicable to this dividend/distribution

5.2 Additional information for inclusion in the Announcement Summary

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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