Interim Quarter Dividend

NZX RELEASE

Tuesday, 28 July 2020

INTERIM QUARTER DIVIDEND

Asset Plus Limited has provided a distribution notice in relation to the Company’s dividend declared for the
quarter ended 30 June 2020.

The gross dividend for the quarter is 0.625 cents per share. The dividend consists of 0.45 cents per share of cash
with 0.175 cents per share of imputation credits attached.

The record date for this dividend will be 5 August 2020 with payment to be made to shareholders on 12 August
2020.

The Company will also pay a supplementary dividend of 0.07941 cents per share in relation to non-resident
shareholders.

A supplementary dividend is paid to non-resident shareholders to offset the amount of non-resident withholding
tax (NRWT) that New Zealand companies are required to deduct from dividends paid to non-resident
shareholders. A supplementary dividend is paid to ensure equitable treatment between non-resident shareholders
and resident shareholders (whose dividends are not subject to NRWT).

The dividend reflects the impact of the COVID-19 and the level of rental abatements in the first quarter. The
Board expects to maintain dividends at this level. However, it will continue to review quarterly dividend payments
with reference to the activities and earnings of the business during future quarters.

-ENDS-

For further information please contact:

Simon Woollams
Chief Financial Officer, Augusta Funds Management Limited, Manager of Asset Plus Limited
T (09) 300 6161
F (09) 300 6162
E
simon@augusta.co.nz

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Distribution Notice


Section 1: Issuer information
Name of issuer Asset Plus Limited
Financial product name/description Ordinary shares
NZX ticker code APL
ISIN (If unknown, check on NZX website) NZ NAPE 0007S3
Type of distribution
(Please mark with an X in the
relevant box/es)
Full Year Quarterly X
Half Year Special
DRP applies
Record date 05/08/2020
Ex-Date (one business day before the
Record Date)
04/08/2020
Payment date (and allotment date for
DRP)
12/08/2020
Total monies associated with the
distribution
$728,642
Source of distribution (for example,
retained earnings)
Retained earnings
Currency NZD
Section 2: Distribution amounts per financial product
Gross distribution $0.00625000
Total cash distribution $0.00450000
Excluded amount: $0.00000000
Supplementary distribution amount $0.00079412
Section 3: Imputation credits and Resident Withholding Tax
Is the distribution imputed Fully imputed
If fully or partially imputed, please state
imputation rate as % applied
28% (being the imputation credits per financial product divided
by the gross distribution amount).
Imputation tax credits per financial
product
$0.00175000
Resident Withholding Tax per financial
product
N/A
Section 4: Authority for this announcement
Name of person

authorised to make this
announcement
Simon Woollams
Contact person for this announcement Simon Woollams
Contact phone number 09 3006161
Contact email address simon@augusta.co.nz
Date of release through MAP

28/07/2020