Meridian AUD FX rate for 2020 interim and special dividends

Release






M e r i d i a n E n e r g y L i m i t e d ( A R B N 1 5 1 8 0 0 3 9 6 ) A c o m p a n y i n c o r p o r a t e d i n N e w Z e a l a n d
L e v e l 2 , 5 5 L a d y E l i z a b e t h L a n e , P O B o x 1 0 8 4 0 , W e l l i n g t o n 6 1 4 3

m e r i d i a n e n e r g y . c o . n z
Stock Exchange Listings NZX (MEL) ASX (MEZ)
Meridian AUD FX rate for 2020 interim and special
dividends
2 April 2020
The foreign exchange rate used for Meridian Energy’s 2020 interim and special dividends paid to
Australian investors in AUD has been set at $0.9705. Dividends will be paid on Thursday, 16 April
2020.
Attached is an updated ASX Appendix 3A.1 Notification of Dividend/Distribution released to the ASX.
ENDS
Neal Barclay
Chief Executive
Meridian Energy Limited



For investor relations queries, please contact:
Owen Hackston
Investor Relations Manager
021 246 4772

For media queries, please contact:

Polly Atkins
Senior Communications Specialist
021 174 1715

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Update Summary
Entity name
MERIDIAN ENERGY LIMITED
Security on which the Distribution will be paid
MEZ - ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Announcement Type
Update to previous announcement
Date of this announcement
Thursday April 2, 2020
Reason for the Update
Confirmation of the foreign exchange rate used for Meridian Energy 2020 interim and special dividends paid to
Australian investors in AUD has been set at 0.9705. Dividends will be paid on Thursday, 16 April 2020.
Refer to below for full details of the announcement

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Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
MERIDIAN ENERGY LIMITED
1.2 Registered Number Type
ARBN
Registration Number
151800396
1.3 ASX issuer code
MEZ
1.4 The announcement is
1.4a Reason for update to a previous announcement
Confirmation of the foreign exchange rate used for Meridian Energy 2020 interim and special dividends paid to
Australian investors in AUD has been set at 0.9705. Dividends will be paid on Thursday, 16 April 2020.
1.4b Date of previous announcement(s) to this update
Wednesday February 26, 2020
1.5 Date of this announcement
Thursday April 2, 2020
1.6 ASX +Security Code
MEZ
ASX +Security Description
ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Part 2A - All dividends/distributions basic details
2A.1 Type of dividend/distribution
2A.2 The Dividend/distribution:
relates to a period of six months
SpecialSpecial
Ordinary
Update/amendment to previous announcement

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2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)
Tuesday December 31, 2019
2A.4 +Record Date
Tuesday March 31, 2020
2A.5 Ex Date
Monday March 30, 2020
2A.6 Payment Date
Thursday April 16, 2020
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.
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
$ 0.09005100
2A.9a AUD equivalent to total dividend/distribution
amount per +security
$ 0.08739450
2A.9b If AUD equivalent not known, date for information
to be released
Thursday April 2, 2020
Estimated or 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
$ 1.03039670
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?
2A.11 Does the entity have a securities plan for
dividends/distributions on this +security?
2A.12 Does the +entity have tax component information
apart from franking?
No
We do not have a securities plan for
dividends/distributions on this security
Yes
Actual
No

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2A.13 Withholding tax rate applicable to the dividend/distribution (%)
15.000000 %
Part 2B - Currency Information
2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the
banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand
and/or USD to residents of the U.S.A.).
2B.2 Please provide a description of your currency arrangements
Payment to shareholders on the Australian register will be calculated on an AUD/NZD foreign exchange rate of
0.9705.
2B.2a Other currency/currencies in which the dividend/distribution will be paid:
CurrencyPayment currency equivalent amount per security
AUD - Australian Dollar$ 0.08739450
2B.2b Please provide the exchange rates used for non-primary currency payments
NZD/AUD 0.9705
2B.2c If payment currency equivalent and exchange
rates not known, date for information to be released
Thursday April 2, 2020
Estimated or Actual?
2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the
default arrangements?
Part 3A - Ordinary dividend/distribution
3A.1 Is the ordinary dividend/distribution estimated at
this time?
3A.1a Ordinary dividend/distribution estimated amount
per +security
$
3A.1b Ordinary Dividend/distribution amount per
security
$ 0.05700000
3A.2 Is the ordinary dividend/distribution franked?
3A.3 Percentage of ordinary dividend/distribution that is
franked
0.0000 %
No
No
No
Actual
Yes

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3A.4 Ordinary dividend/distribution franked amount per
+security
$ 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
$ 0.05700000
Part 3B - Special dividend/distribution
3B.1 Is the special dividend/distribution estimated at this
time?
3B.1a Special dividend/distribution estimated amount
per +security
$
3B.1b Special dividend/distribution amount per +security
$ 0.02440000
3B.2 Is special dividend/distribution franked?
3B.3 Percentage of special dividend/distribution that is
franked
0.0000 %
3B.4 Special dividend/distribution franked amount per
+security
$ 0.00000000
3B.5 Percentage of special dividend/distribution that is
unfranked
100.0000 %
3B.6 Special dividend/distribution unfranked amount per +security excluding conduit foreign income amount
$ 0.02440000
Part 3F - NZD declared dividends/distributions - supplementary dividend/distribution
3F.1 Is a supplementary dividend/distribution payable?
3F.2 Is the supplementary dividend/distribution
estimated at this time?
3F.2a Supplementary dividend/distribution estimated
amount per +security
$
3F.2b Supplementary dividend/distribution amount per +security
$ 0.00865100
3F.3 Is the Supplementary dividend/distribution franked?
No
No
Yes
No
No

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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
$ 0.00000000
3F.6 Percentage of Supplementary dividend/distribution
that is unfranked
100.0000 %
3F.7 Supplementary dividend/distribution unfranked amount per security
$ 0.00865100
Part 5 - Further information
5.1 Please provide any further information applicable to this dividend/distribution
The total dividend / distribution amount per security referred to in 2A.9 refers to an ordinary dividend of NZD 0.05700,
special dividend of NZD 0.02440 plus a supplementary dividend of NZD 0.008651 payable to non-New Zealand resident
shareholders
5.2 Additional information for inclusion in the Announcement Summary