Distribution reinvestment plan strike price set at $2.6366
vitalhealthcareproperty.co.nz
11 December 2019
Distribution reinvestment plan strike price set at
$2.6366
Vital Healthcare Property Trust (Vital) advises that the strike price for its distribution reinvestment plan (DRP) for the
first quarter of the 2020 financial year is $2.6366. The strike price reflects a 1% discount to the weighted average
closing price for Vital during the seven calendar days commencing on the ex-date (being 4 December 2019).
This pricing is effective for the distribution payable on 19 December 2019. Vital unitholders who have elected to
receive their quarterly distribution through the DRP will be issued additional units using this strike price.
– ENDS –
ENQUIRIES
Aaron Hockly, Fund Manager
NorthWest Healthcare Properties Management Ltd, Tel 09 973 7301, Email ahockly@nwhpm.com
Michael Groth, Chief Financial Officer
NorthWest Healthcare Properties Management Ltd, Tel +61 409 936 104, Email mgroth@nwhpm.com.au
Jason Kepecs, Director, Investments & Investor Relations
NorthWest Healthcare Properties Management Ltd, Tel 09 973 7303, Email jkepecs@nwhpm.com.au
About Vital (NZX code VHP):
Vital is an NZX-listed fund that invests in high-quality health and medical-related properties in New Zealand and
Australia. Our tenants are primarily hospital and healthcare operators who provide a wide range of medical and health
services.
With a core focus on healthcare real estate, we understand and accommodate the needs of our healthcare tenants.
We operate in a niche segment of the property market, characterised by long weighted average lease terms and high
occupancy rates and with an ageing population across both countries, it’s also one that’s growing.
For more information, visit our website: www.vitalhealthcareproperty.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.