Vital allotment of distribution reinvestment plan units
26 June 2020
Vital allotment of distribution reinvestment plan units
For the purposes of Listing Rule 7.12.1, the Manager of Vital Healthcare Property Trust, NorthWest
Healthcare Properties Management Limited, hereby advises the following new units have been
issued:
(a) Class of Security: Vital Healthcare Property Trust Ordinary Units
ISIN: NZCHPE0001S4
(b) Number issued: 615,981
(c) Issue price: $2.5417 per unit
(d) Payment terms: Cash, pursuant to the Distribution reinvestment plan
(e) Amount paid up: Fully paid
(f) Percentage of Class of 0.14% of the total number of units on issue
Securities issued: immediately prior to the issue of the new units
(g) Reason for issue: Distribution reinvestment in respect of the distribution
of 2.1875 cents per unit payable on 25 June 2020
(h) Specific authority for issue: Distribution reinvestment plan
(i) Terms of issue: The units will rank equally in all respects with existing
ordinary units in the Trust
(j) Total number of Securities of
Class in existence after issue: 453,782,695
(k) Treasury Stock: Not applicable
(l) Date of issue: 25 June 2020
– ENDS –
ENQUIRIES
Aaron Hockly, Fund Manager, Vital
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
vitalhealthcareproperty.co.nz
About Vital (NZX code VHP):
Vital Healthcare Property Trust is an NZX-listed fund that invests in high-quality health and medical-
related properties in New Zealand and Australia. Our tenants are 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.