UPDATED SKYCITY DIVIDEND REINVESTMENT PLAN
23 December
2019
Client Market Services
NZX Limited
Level 1, NZX Centre
11 Cable Street
WELLINGTON
Copy to:
ASX Market Announcements
Australian Stock Exchange
Exchange Centre
Level 6
20 Bridge Street
Sydney NSW 2000
AUSTRALIA
RE
: SKYCITY ENTERTAINMENT GROUP LIMITED (SKC)
UPDATED SKYCITY DIVIDEND REINVESTMENT PLAN
S
kyCity Entertainment Group Limited advises that it has updated the terms of the SkyCity
Dividend Reinvestment Plan (DRP) to:
(a)reflect changes to the NZX Listing Rules which come into effect from 1 January 2020
relating to mandatory dividend reinvestment plan timetable requirements; and
(b)remove references to Northern Territory legislation and authorities following the sale
o
f the SkyCity Darwin business earlier this year (being minor amendments of a
n
a
dministrative or procedural nature).
A
ttached are copies of the updated DRP Offer Document and Participation Notice
relating to the DRP. These documents are also available from SkyCity’s website at
https://www.skycityentertainmentgroup.com/investor-centre/financial-
information/dividend.
E
xisting participants in the DRP are not required to take any action as a result of the
changes as their participation in the DRP will continue.
Y
ours faithfully
J
o Wong
Company Secretary
---
Dividend Reinvestment Plan
Offer Document
25 February 2011
(updated as at 1 January 2020)
This is an important document, prepared in accordance with the Financial Markets Conduct Act 2013 and
Financial Markets Conduct Regulations 2014, and contains a description of the SkyCity Entertainment Group
Limited Dividend Reinvestment Plan and its terms and conditions. If you have any questions in relation to the
SkyCity Entertainment Group Limited Dividend Reinvestment Plan, please consult your financial adviser.
KEY FEATURES ............................................................................3
TERMS AND CONDITIONS ....................................................4
DIRECTORY ..................................................................................11
Dividend Reinvestment Plan Offer Document
2
CONTENTS
Shares Instead of Dividends
The SkyCity Entertainment Group Limited (SkyCity) Dividend
Reinvestment Plan (Plan) provides you, as a holder of SkyCity
Entertainment Group Limited ordinary shares, with an
opportunity to invest the net proceeds of the cash dividends
payable on your shares in additional fully paid ordinary shares.
This is a convenient method of increasing your investment by
acquiring further shares free of brokerage charges. If you wish to
continue to receive dividends declared by SkyCity in cash, no
action is required.
Additional shares acquired under the Plan may, at the discretion
of the SkyCity board, be new shares issued by SkyCity, existing
shares acquired by SkyCity or its nominee or agent, or any
combination of new shares and existing shares.
Eligibility
All SkyCity shareholders are eligible to participate in the Plan,
except where the SkyCity board elects not to offer participation
under the Plan to shareholders whose registered address is
outside New Zealand or Australia. Participation in the Plan is
optional at the election of a shareholder.
Full or Partial Participation
You may elect to participate in the Plan in respect of all or part of
your shares.
Flexible Joining, Variation and Withdrawal Arrangements
Shareholders can join the Plan, vary their participation or
withdraw from the Plan at any time by forwarding a written
notice to that effect to the Share Registrar, Computershare
Investor Services Limited.
You have until 5.00pm (New Zealand time) on the Business Day
(which for the purpose of this Offer Document has the meaning
given to it in the NZX Listing Rules) following a record date for a
dividend to elect to participate in the Plan for that dividend. Any
notice received after 5.00pm (New Zealand time) on the Business
Day following a record date for a dividend will be effective only
from the next following dividend.
A Participation Notice is enclosed with this Offer Document if you
wish to participate in the Plan.
A new Participation Notice (available from the Investor Centre
section of SkyCity’s website at www.skycityentertainmentgroup.com
or, on request, by contacting the Share Registrar at the address set
out in the Directory) will need to be completed if you wish to vary
your participation in the Plan.
Application of the Plan
The SkyCity board will determine whether the Plan will apply to a
particular dividend. If the board determines that the Plan will
apply to a particular dividend, then the Plan will apply if you have
previously elected or elect to participate in the Plan and you have
not withdrawn from the Plan as at 5.00pm (New Zealand time)
on the Business Day following the record date for that particular
dividend.
If the board determines that the Plan will not apply to a particular
dividend, then notwithstanding that you may have previously
elected or elect to participate in the Plan, the Plan will not apply
to that particular dividend and you will receive the dividend
declared by SkyCity in cash.
Shares at or Around Market Price
Under the Plan, additional shares acquired in respect of a
dividend will be acquired at their market price or, at the SkyCity
board’s discretion, at a discount of up to 5%.
Shares Acquired Rank Equally and may be Sold
Additional shares acquired under the Plan will rank equally in all
respects with existing SkyCity shares and may be sold at any time.
Taxation
Shareholders who participate in the Plan are treated, for New
Zealand tax purposes, in the same way as if they had received the
cash dividend. Australian resident shareholders who participate
in the Plan are treated, for Australian tax purposes, in the same
way as if they had received the cash dividend.
Details Will be Sent to you
If you elect to participate in the Plan, details of your total
entitlement and the number of shares acquired by you under the
Plan will be sent to you after each dividend payment.
Dividend Policy
As at the date of this Offer Document, SkyCity’s current dividend
policy is to pay a dividend of a minimum of 20 cents per share per
annum and not less than 80% of annual Normalised NPAT,
subject to maintaining SkyCity’s investment grade credit rating
and giving priority to the funding of strategic projects. SkyCity’s
dividend policy is subject to change at the Board’s sole discretion
(from time to time). SkyCity’s most up to date dividend policy can
be found at www.skycityentertainmentgroup.com.
3
Dividend Reinvestment Plan Offer Document
KEY FEATURES
1. Introduction
Pursuant to the constitution of SkyCity Entertainment Group
Limited (SkyCity), the board of directors (board) has approved the
adoption of the SkyCity Entertainment Group Limited Dividend
Reinvestment Plan (Plan). Under the Plan, holders of ordinary
shares in SkyCity may elect to forgo their right to dividends or
distributions on all or any of their fully paid ordinary shares in
SkyCity and receive fully paid ordinary shares in SkyCity
(Additional Shares) instead. This Offer Document sets out the
terms and conditions of the Plan and is issued in compliance with
the exclusion for dividend reinvestment plans contained in
Schedule 1 to the Financial Markets Conduct Act 2013 and the
Financial Markets Conduct Regulations 2014. Accordingly, no
product disclosure statement or prospectus is required in respect
of the Plan.
2. The Offer
2.1 Offer to all Shareholders
Subject to clauses 2.4 to 2.6, SkyCity offers to all shareholders the
right to elect to participate in the Plan.
2.2 Available Options
Shareholders may elect to participate in the Plan by exercising
one of the following options:
• Full Participation
If you elect full participation, participation in the Plan will apply
to all of your shares.
• Partial Participation
If you elect partial participation, only the number of shares
nominated by you will be eligible for participation in the Plan.
If you hold less than your nominated number of shares, then the
Plan will apply to such lesser number of shares.
• Non-Participation
If you do not wish to participate and you wish to receive
dividends or distributions in cash, you are not required to do
anything.
2.3 Information for Australian Shareholders
The offer of shares under the Plan does not need disclosure for the
purposes of section 708 of the Corporations Act 2001 (Cth).
Accordingly, this Offer Document will not be lodged with the
Australian Securities and Investments Commission (ASIC).
Australian resident shareholders should note that SkyCity is not
licensed to provide financial product advice in relation to the
shares offered under the Plan. There is no cooling-off regime that
applies in respect of the acquisition of shares offered under the
Plan.
This Offer Document does not take into account shareholders'
personal objectives, financial situations or needs. Shareholders
should consider obtaining their own financial product advice in
relation to the offer from an independent person who is licensed
by ASIC to give such advice.
2.4 Ability to Exclude Overseas Shareholders from the Plan
The board may, in its absolute discretion, elect not to offer
participation under the Plan to shareholders whose address is
outside New Zealand or Australia if the board considers:
• that to do so would risk breaching the laws of places outside
New Zealand or Australia; or
• it would be unreasonable having regard to the associated costs
of ensuring that the laws of those places are complied with.
2.5 Representations and Warranties from Overseas Shareholders
Shareholders who apply to participate in the Plan and who reside
outside New Zealand or Australia represent and warrant to
SkyCity that the offer of the Plan and their participation in it
would not breach any laws in their country of residence.
Any person residing outside New Zealand or Australia who holds
shares through a New Zealand or Australian resident nominee
should not allow their nominee to participate in the Plan if
participation in respect of their shares would be contrary to the
laws of their country of residence.
Any person residing outside New Zealand or Australia who
participates in the Plan through a New Zealand or Australian
resident nominee will be deemed to represent and warrant to
SkyCity that they can lawfully participate through their nominee.
SkyCity accepts no responsibility for determining whether a
shareholder is able to participate in the Plan under laws
applicable outside of New Zealand or Australia.
2.6 Exclusion Where Liens or Charges Over Shares
Any shares over which SkyCity has a lien or charge in accordance
with SkyCity’s constitution or other requirements of law will not
be eligible to participate in the Plan.
3. Method of Participation
3.1 Participation Notice
To participate in the Plan you must:
• complete the Participation Notice which accompanies this
Offer Document in accordance with the instructions on that
notice; and
Dividend Reinvestment Plan Offer Document
4
TERMS AND CONDITIONS
• forward the completed Participation Notice to:
SkyCity Entertainment Group Limited Share Registrar
Computershare Investor Services Limited
Level 2
159 Hurstmere Road
Takapuna
Private Bag 92119
Auckland 1142
or to such other person or address as SkyCity may determine.
3.2 Participation Cutoff
Participation will be effective as to dividends or distributions
payable from the Business Day following the first record date after
receipt by the Share Registrar of a properly completed
Participation Notice (including, for the avoidance of doubt, the
dividend or distribution to be paid in respect of that record date).
Any notice received after 5.00pm (New Zealand time) on the
Business Day following a record date for a dividend will be
effective only from the next following dividend.
4. Additional Share Entitlement
4.1 General
Subject to clause 6, the number of Additional Shares to be
acquired by a shareholder who has elected to participate in the
Plan will be:
• based on the net amount of the dividend or distribution the
shareholder would otherwise have received; and
• calculated on the basis that the issue price of the Additional
Shares will be the market price of shares less a discount (if any),
as determined in accordance with the formula set out in
clause 4.2.
4.2 Formula for Calculation of Number of Additional Shares
Subject to clause 6, the number of Additional Shares to be
acquired by a shareholder who has elected to participate in the
Plan will be calculated in accordance with the following formula:
Additional Shares =
(SxD) + B
Cx (1 – E)
Where:
S is the number of shares in respect of which an election to
participate in the Plan has been made by the shareholder.
D is the amount of the dividend or distribution (expressed in cents
and fractions of cents and after deduction of any amounts of
resident withholding, or other taxes, if any, payable by SkyCity in
respect of the dividend or distribution) payable per share which
would otherwise have been payable to a shareholder if the
shareholder had not elected to participate in the Plan.
B is the amount (if any) held to the order of the shareholder under
the Plan in accordance with clause 4.3 below as a result of
rounding the number of Additional Shares to be acquired by the
shareholder when the Plan last operated.
C is the volume weighted average sale price for a share (expressed
in cents and fractions of cents) calculated on all sales of shares
which took place through the NZX main board market (NZSX)
operated by NZX Limited (NZX) on the five trading days
commencing on the Ex Date (which has the meaning given to it
in the NZX Listing Rules). If no sales of shares occur during the five
trading days commencing on the Ex Date, then the volume
weighted average sale price shall be deemed to be the first sale
price for a share which took place on the NZSX after the Ex Date
as determined by NZX.
Any volume weighted average sale price so determined may be
reasonably adjusted by the board to allow for any bonus or
dividend or other distribution expectation. If, in the opinion of the
board, any exceptional or unusual circumstances have artificially
affected the volume weighted average sale price so determined,
the board may make such adjustment to that sale price as it
considers reasonable.
E is the percentage discount determined by the board from time
to time (if any) in its absolute discretion, provided that such
percentage discount (if any) shall not exceed 5%.
4.3 Fractional Entitlements
Where the number calculated in accordance with the formula in
clause 4.2 includes a fraction then the number of Additional
Shares to be acquired shall be rounded down to the nearest
whole number.
Any net amount of the dividend or distribution as described in the
definition of ‘D’ plus the amount ‘B’ in clause 4.2 above which is
not applied to acquire part of an Additional Share because of this
clause 4.3 shall be held to the order of the shareholder and be
applied under the Plan on the shareholder’s behalf the next time
the Plan operates.
Should a shareholder:
• terminate his or her participation in the Plan under clause 8.4;
or
• cease to be a shareholder,
any amount of NZ$2.00 or more which at the time is held to the
order of the shareholder under this clause 4.3 will be paid in cash
to the shareholder on the next dividend payment date. Amounts
not more than NZ$2.00 which are held to the order of the
shareholder will be forfeited.
5
Dividend Reinvestment Plan Offer Document
TERMS AND CONDITIONS
TERMS AND CONDITIONS
4.4 Share Price Information Publicly Available
SkyCity will ensure that at the time the price for the Additional
Shares is set under clause 4.2 it will have no information that is
not publicly available and that would, or would be likely to, have a
material adverse effect on the realisable price of the shares if the
information was publicly available.
5. Operation of the Plan
5.1 Additional Shares
Subject to clause 6, the board will, on the day that a shareholder
who has elected to participate in the Plan would otherwise have
been paid a dividend or distribution, either issue or arrange the
transfer of the Additional Shares to that shareholder in
accordance with clause 4.
5.2 Terms and Ranking of Additional Shares
Additional Shares acquired by shareholders under the Plan will be
issued or transferred on the terms set out in this Plan and, subject
to the rights of termination, suspension and modification set out
in clause 8, will not be issued or transferred on any other terms
and will all be subject to the same rights as each other. The
Additional Shares acquired by shareholders under the Plan will,
from the date of issue or transfer, rank equally in all respects with
each other and with all other ordinary shares of SkyCity on issue
as at that date.
5.3 Source of Additional Shares
Additional Shares to be acquired by shareholders under the Plan
may, at the board’s discretion, be:
• new shares issued by SkyCity;
• existing shares acquired by SkyCity or a nominee or agent
of SkyCity; or
• any combination of new shares and existing shares.
6. Regulatory Approval
As at the date of this Plan, SkyCity and its shareholders are subject
to specific casino industry legislation in New Zealand and South
Australia which, amongst other matters, governs the suitability or
otherwise of the persons who are or will be able to exercise
significant influence over the management or operation of any of
SkyCity’s casino businesses in New Zealand (in the case of the
New Zealand legislation) or who attain a position of control or
significant influence over the holder of SkyCity’s South Australian
casino licence (in the case of the South Australian legislation). The
legislation is administered by the Secretary of the Department of
Internal Affairs and the Gambling Commission in New Zealand
and Consumer and Business Services in South Australia.
It is possible that SkyCity and its subsidiaries may acquire other
licences, whether for the operation of casinos or the operation or
conduct of other forms of gaming or wagering, or may otherwise
become subject to other regulatory regimes under which
approvals may be required from other regulatory or statutory
authorities or bodies for the acquisition of shares by shareholders
in certain circumstances.
The Secretary of the Department of Internal Affairs and the
Gambling Commission in New Zealand and Consumer and
Business Services in South Australia, and any other such
regulatory or statutory authority or body which may have
jurisdiction over SkyCity or any of its subsidiaries are referred to in
this clause 6 as “Regulatory Authorities”.
The board may, in its absolute discretion, notwithstanding an
election by a shareholder to participate in the Plan, decide not to
issue or transfer Additional Shares to the shareholder under the
Plan, and instead pay the relevant dividend or distribution to the
shareholder in cash, if approval from any of the Regulatory
Authorities may be required for the issue or transfer of the
Additional Shares to the shareholder unless, prior to 5.00pm
(New Zealand time) on the Business Day following the record date
for the dividend, the shareholder provides SkyCity with the
necessary approval from the relevant Regulatory Authorities for
the issue or transfer of the Additional Shares to that shareholder
or confirmation from the relevant Regulatory Authorities that the
issue or transfer of those Additional Shares does not require their
approval.
7. Statements to Shareholders
7.1 Statements on Dividend Date
Subject to clauses 2.4 to 2.6 and 7.2, SkyCity will send to each
shareholder who has elected to participate in the Plan, on each
dividend payment date, a statement detailing in respect of that
shareholder:
• the number of shares of the shareholder as at the relevant
record date;
• the amount of the cash dividend used to subscribe for
Additional Shares and the amount paid in respect of shares
nominated for participation in the Plan and shares not
nominated for participation in the Plan (if applicable);
• the amount of any taxation deduction;
• the number of Additional Shares acquired by the shareholder
under the Plan and the issue price of those Additional Shares
(including any discount (if any)) determined by the board under
clause 4.2;
Dividend Reinvestment Plan Offer Document
6
TERMS AND CONDITIONS
• the amount held to the order of the shareholder under clause
4.3; and
• advice as to the amount of any imputation or other taxation
credits.
7.2 Statements Where Regulatory Approval Required
If the board decides under clause 6 not to issue or transfer
Additional Shares to a shareholder who has elected to participate
in the Plan, SkyCity will send to that shareholder a statement
detailing the reasons why the board exercised its discretion under
clause 6, including the type of confirmation or approval which the
board believes the relevant shareholder may need to seek from
the Regulatory Authorities in order to be able to acquire
Additional Shares under the Plan in the future.
8. Termination, Suspension and Modification
8.1 Termination or Modification by SkyCity
The board may at any time and from time to time in its sole
discretion:
• terminate or modify the Plan. If the Plan is modified, then a
Participation Notice will be deemed to be a Participation Notice
under the Plan as modified unless that Participation Notice is
withdrawn by the shareholder; or
• suspend the operation of the Plan so that it will not apply to the
whole or part of any dividends or distributions; or
• resolve that participation will not apply to the whole or part of
any dividend and that the dividend or the balance of the
dividend (as the case may be) will be paid in cash; or
• resolve that the price at which Additional Shares may be
acquired shall be at a discount to the market price of shares in
accordance with clause 4.2; or
• resolve that in the event of the subdivision, consolidation or
reclassification of the shares into one or more new classes of
shares, that a Participation Notice will be deemed to be a
Participation Notice in respect of the shares as subdivided,
consolidated or reclassified unless such Participation Notice is
subsequently changed or withdrawn by the participating
shareholder; or
• resolve that a Participation Notice will cease to be of any effect;
or
• resolve that the Plan may be underwritten on such terms as
agreed between SkyCity and an underwriter.
8.2 Prior Notice
Notice of any modification or termination by the board will be
given to all shareholders participating in the Plan.
8.3 When no Notice Required
Notwithstanding clause 8.2, SkyCity may at any time, without the
need of any notice:
• modify the Plan to comply with SkyCity's constitution, the
listing rules of any stock exchange on which the shares are
listed or any law; or
• make minor amendments to the Plan where such amendments
are of an administrative or procedural nature.
8.4 Variation or Termination by a Participating Shareholder
A shareholder may, at any time:
• increase or decrease the number of their shares which are
participating in the Plan by completing and sending a new
Participation Notice to the Share Registrar; or
• terminate their participation in the Plan by written notice to
that effect to the Share Registrar.
8.5 Variation or Termination Effective
A variation or termination under clause 8.4 will take effect
immediately upon receipt by the Share Registrar of the new
Participation Notice or the written termination notice, as the case
may be, provided that any notice received after 5.00pm
(New Zealand time) on the Business Day following the record date
for a dividend will be effective only from the next following
dividend.
8.6 Death of Participating Shareholder
If a shareholder participating in the Plan dies, participation by
that shareholder in the Plan will be terminated by SkyCity upon
receipt by SkyCity of a notice of death in a form acceptable to
SkyCity. Death of one of two or more joint shareholders will not
automatically terminate participation.
9. Reduction or Termination of Participation Where no
Notice Given
9.1 Dispositions Where Partial Participation
Where a shareholder who is participating in the Plan in respect of
some but not all of their shares disposes of some of their shares
then unless the shareholder notifies the Share Registrar otherwise
in writing:
• the shareholder will be deemed to have disposed of shares
which are not participating in the Plan if the total number of
non-participating shares held by them is greater than the
number of shares being disposed of by them; and
7
Dividend Reinvestment Plan Offer Document
TERMS AND CONDITIONS
• if the number of shares disposed of is greater than the number
of the shareholder’s shares which are not participating in the
Plan, they will be deemed to have disposed of all of their
non-participating shares, and the balance will be attributed to
shares participating in the Plan.
9.2 Partial Dispositions Where Full Participation
If a shareholder with full participation disposes of part of their
holding of shares without giving the Share Registrar written
notice terminating their participation in the Plan, the shareholder
will be deemed to have terminated their participation in the Plan
with respect to the shares disposed of by them from the date that
SkyCity registers a transfer of those shares.
9.3 Dispositions of all of Shares
If a shareholder disposes of all of their holding of shares without
giving the Share Registrar written notice terminating their
participation in the Plan, the shareholder will be deemed to have
terminated participation in the Plan from the date that SkyCity
registers a transfer of those shares.
10. Taxation
The statements below in relation to taxation are based on current
New Zealand and Australian taxation laws at the date of this Offer
Document.
10.1 New Zealand Shareholders
Additional Shares acquired by a New Zealand shareholder will be
taxable to the shareholder as a dividend at their respective
marginal tax rate.
Where the Additional Shares carry imputation credits, the
resident withholding tax liability will be reduced by the amount of
the imputation credits.
10.2 Australian Resident Shareholders
Additional Shares acquired by an Australian shareholder
(including any withholding tax deducted in New Zealand) will be
taxable to the shareholder as a dividend at their respective
marginal tax rate. The shareholder may be entitled to a foreign
income tax offset against their Australian tax payable for any
withholding tax deducted in New Zealand.
Provided an Australian resident shareholder holds less than 10%
of SkyCity’s share capital on capital account, Additional Shares
acquired by the Australian resident shareholder which have full
imputation credits attached to them will effectively be subject to
nil New Zealand non-resident withholding tax. To the extent
Additional Shares acquired by an Australian resident shareholder
are not fully imputed, non-resident withholding tax will be
deducted at the rate of 15%. The New Zealand tax consequences
for Australian shareholders holding greater than 10% of SkyCity’s
share capital may differ.
10.3 Other Non-resident Shareholders
Provided a non-resident shareholder holds less than 10% of
SkyCity’s share capital, Additional Shares acquired by the non-
resident shareholder which have full imputation credits attached
to them will effectively be subject to nil New Zealand non-
resident withholding tax. To the extent Additional Shares acquired
by a non-resident shareholder are not fully imputed, non-resident
withholding tax will be deducted at the rate of 15% or 30%
(depending on where the non-resident shareholder is resident).
The New Zealand tax consequences for non-resident shareholders
holding greater than 10% of SkyCity’s share capital may differ.
11. Costs
There are no charges for participation or withdrawal from the
Plan. No brokerage costs will be incurred on the acquisition of
Additional Shares.
12. Stock Exchange Quotation
SkyCity will apply for quotation of Additional Shares which may
be issued under the Plan on the NZSX and the official list of the
Australian Securities Exchange (ASX) after they have been allotted.
However, neither NZX nor ASX accept any responsibility for any
statement in this Offer Document.
13. Governing Law
This Offer Document and the Plan, and its operation, are governed
by the laws of New Zealand.
14. Other Information
You have the right to receive from SkyCity, free of charge, a copy of
SkyCity’s most recent annual report and audited consolidated
financial statements (complying with the Financial Reporting Act
2013) by downloading them from the Investor Centre section of
SkyCity’s website at www.skycityentertainmentgroup.com or, on
request, by contacting SkyCity at the address set out in the
Directory.
Dividend Reinvestment Plan Offer Document
8
NOTES
9Dividend Reinvestment Plan Offer Document
NOTES
Dividend Reinvestment Plan Offer Document
10
DIRECTORY
REGISTERED OFFICE
SkyCity Entertainment Group Limited
Level 13
99 Albert Street
PO Box 6443
Wellesley Street
Auckland
New Zealand
Telephone: +64 9 363 6000
Facsimile: +64 9 363 6140
Email: sceginfo@skycity.co.nz
www.skycityentertainmentgroup.com
Registered Office in Australia
c/o Finlaysons
81 Flinders Street
GPO Box 1244
Adelaide
South Australia
Telephone: +61 8 8235 7400
Facsimile: +61 8 8232 2944
SOLICITORS
Russell McVeagh
Vero Centre
48 Shortland Street
PO Box 8
Auckland
Bell Gully
Vero Centre
48 Shortland Street
PO Box 4199
Auckland
AUDITOR
PricewaterhouseCoopers
188 Quay Street
Private Bag 92162
Auckland
SHARE REGISTRARS
NEW ZEALAND
Computershare Investor Services Limited
Level 2
159 Hurstmere Road
Takapuna
Private Bag 92119
Auckland
Telephone: +64 9 488 8700
Facsimile: +64 9 488 8787
Email: enquiry@computershare.co.nz
AUSTRALIA
Computershare Investor Services Pty Limited
Level 3
60 Carrington Street
Sydney NSW 2000
GPO Box 7045
Sydney NSW 2001
Telephone: +61 2 8234 5000
Facsimile: +61 2 8234 5050
Email: enquiry@computershare.co.nz
11Dividend Reinvestment Plan Offer Document
skycityentertainmentgroup.com
---
Dividend Reinvestment Plan Participation Notice
DO NOT COMPLETE THIS FORM IF YOU WISH TO RECEIVE IN CASH ALL DIVIDENDS DECLARED.
Name and Address Description of Shares
CSN/Holder No. Shares Held
Registered Holder(s)
The SkyCity Entertainment Group Limited Dividend Reinvestment Plan (Plan) allows you to elect to forgo your right to receive
dividends or distributions on all or any of your fully paid ordinary shares in SkyCity Entertainment Group Limited in cash, and instead
to reinvest all or part of the net proceeds of your cash dividends in fully paid ordinary shares in SkyCity. Full details of the Plan are set
out in the accompanying Dividend Reinvestment Plan Offer Document dated 25 February 2011 (updated as at 1 January 2020) (Offer
Document).
If you wish to participate in the Plan, please complete this Participation Notice, fold where indicated and tape, and post to SkyCity’s
Share Registrar at your earliest convenience. There is no postage charge if posted in New Zealand.
Choose One Alternative Only
I/We elect to participate in the Plan at the level of participation nominated below and elect to renounce my/our right to have
dividends or distributions declared in respect of participating shares paid in cash accordingly:
Full Participation
Include all fully paid ordinary shares from time to time registered in my/our name(s).
For full participation please tick (✔) here:
Partial Participation
Include the number of fully paid ordinary shares registered in my/our name(s) shown below plus all new shares acquired
under the Plan.
For partial participation please tick (✔) here:
Insert the number of shares to participate:
Note: If you do not complete the above in relation to full participation or partial participation, you will be deemed to have elected not
to participate in the Plan.
I/We acknowledge I/we have received and read a copy of the Offer Document.
I/We agree to be bound by the terms and conditions of the Plan as set out in the Offer Document.
I/We acknowledge that this election will continue to apply in respect of any dividend that SkyCity determines the Plan will apply until
varied or terminated by written notice in accordance with the terms and conditions of the Plan.
Signature(s)
Dated
This Participation Notice is not valid unless duly completed and signed. Joint holders must each sign. Companies must execute by an
authorised officer or attorney. If signed by an attorney, the power of attorney must either have been previously produced to SkyCity or
must accompany this Participation Notice and a certificate of non-revocation of the power of attorney needs to be enclosed.
Fold here
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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.
- CDI — CDL Investments New Zealand Limited: CDI: Amendments to Dividend Reinvestment Plan2020-02-12
“CDL INVESTMENTS NEW ZEALAND LIMITED 13 February 2020 Dear Shareholder, AMENDMENTS TO DIVIDEND REINVESTMENT PLAN The Board of CDL Investments New Zealand Limited (CDI) advises shareholders that it has made certain minor amendments to the terms of CDI’s Dividend Reinv…”
- NZX — NZX Limited: NZX Full Year 2019 Results & Annual Report Published2020-02-13
“NZX Limited Level 1, NZX Centre 11 Cable Street PO Box 2959 Wellington 6140 New Zealand Tel +64 4 472 7599 www.nzx.com www.nzx.com 1 of 1 14 February 2020 Nominations of Directors – NZX Limited NZX will hold its Annual Meeting on 31 March 2020 in Auckland. Fu…”
- IFT — Infratil Limited: Dividend Reinvestment Plan2019-11-12
“Infratil Limited 5 Market Lane, PO Box 320, Wellington, New Zealand Tel +64-4-473 3663 www.infratil.com 13 November 2019 Dividend Reinvestment Plan Infratil Limited (“Infratil”) advises that it has decided to reinstitute a dividend reinvestment plan (“DRP”) whi…”