MARKET ANNOUNCEMENT – AWF Announces DRP strike price
Level 6, 51 Shortland Street
PO Box 12832, Penrose, Auckland 1642
Tel 09 526 8770 Fax 09 579 0224
awfmadison.co.nz
MARKET ANNOUNCEMENT
25 November 2019
NZX:AWF
AWF MADISON Announces DRP Strike Price – Listing Rule 3.14.1
AWF Madison Group Limited (NZX:AWF) advises that the issue price for the shares issued in lieu of portion of
the 2020 Interim Dividend under its Dividend Reinvestment Plan (DRP), is $1.96 per share.
The issue price has been determined, in accordance with the DRP, as the volume weighted average sale price
for all AWF Madison shares sold on the NZX Main Board over a period of five business days starting on 18
November 2019.
Shareholders, who have elected to participate in the DRP, will receive AWF shares to the extent of their election,
and cash for the balance of the Dividend, payable on 29 November 2019.
The new shares will rank pari passu with existing shares on issue, as at the date of their issue.
ENDS
David Lazarus
Company Secretary
021 449965
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