Distribution reinvestment plan strike price set at $2.3889
vitalhealthcareproperty.co.nz
18 March 2020
Distribution reinvestment plan strike price set at
$2.3889
Vital Healthcare Property Trust (Vital) advises that the strike price for its distribution reinvestment plan (DRP) for the
second quarter of the 2020 financial year is $2.3889. 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 11 March 2020).
This pricing is effective for the distribution payable on 26 March 2020. 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 aaron.hockly@nwhreit.com
Michael Groth, Chief Financial Officer
NorthWest Healthcare Properties Management Ltd, Tel +61 409 936 104, Email michael.groth@nwhreit.com
Jason Kepecs, Director, Investments & Investor Relations
NorthWest Healthcare Properties Management Ltd, Tel 09 973 7303, Email jason.kepecs@nwhreit.com
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.