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ARG announces fourth quarter dividend and reopens DRP.

Full Year Results19 May 2020ARGReal Estate

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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