ARG announces fourth quarter dividend and reopens DRP.
1 ⸺
Argosy Property Limited (‘Argosy’ or ‘the Company’) has announced a fourth quarter
(for the period to 31 March 2020) cash dividend for the 2020 financial year of 1.5875
cents per share.
As Argosy is a PIE, the dividend can be treated as excluded income for New Zealand
income tax purposes. No imputation credits will be attached to the dividend.
The record date for the dividend is 10 June 2020 and the payment date is 24 June 2020.
Argosy has re-opened its Dividend Reinvestment Plan (“DRP”) and it will be available for
shareholders to participate in for the fourth quarter dividend. There will be a 3%
discount applied to the price at which shares will be issued under the DRP for this
dividend.
Shareholders wishing to participate in the DRP for the dividend on 24 June 2020 - and
who haven’t notified the Company’s Registrar, Computershare Investor Services
Limited, of their intention - are required to do so by completing an Election Notice or
Notice of Change or Withdrawal (as appropriate) in time to be received before
5.00pm, 10 June 2020. Election Notices and Notices of Change or Withdrawal received
by the Registrar on or after 5.00pm, 10 June 2020 will not apply to the 24 June 2020
dividend but will take effect for future dividends.
An Election Notice can be obtained by contacting Computershare on (09) 488 8777.
− END −
Market Release
20 May 2020
ARG announces fourth quarter dividend
ENQUIRIES
Peter Mence
Chief Executive Officer
Argosy Property Limited
Telephone: 09 304 3411
Email: pmence@argosy.co.nz
Dave Fraser
Chief Financial Officer
Argosy Property Limited
Telephone: 09 304 3469
Email: dfraser@argosy.co.nz
Stephen Freundlich
Head of Investor Relations
Argosy Property Limited
Telephone: 09 304 3426
Email: sfreundlich@argosy.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.
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