Distribution reinvestment plan strike price set at $2.98478
MARKET RELEASE
16 September 2020
Distribution reinvestment plan strike price set at $2.984780
Vital Healthcare Property Trust (Vital) advises that the strike price for its distribution reinvestment plan
(DRP) for the fourth quarter of the 2020 financial year is $2.984780. The strike price reflects a 1%
discount to the volume weighted average sale price for Vital during the seven calendar days
commencing on the ex-date (being 9 September 2020).
This pricing is effective for the distribution payable on 24 September 2020. Vital unitholders who have
elected to receive their quarterly distribution through the DRP will be issued additional units using this
strike price.
– ENDS –
ENQUIRIES
Aaron Hockly
Fund Manager, Vital
Tel 09 973 7301, Email aaron.hockly@nwhreit.com
Michael Groth
Chief Financial Officer, NorthWest Healthcare Properties Management Limited
Tel +61 409 936 104, Email michael.groth@nwhreit.com
About Vital (NZX code VHP):
Vital Healthcare Property Trust is an NZX-listed fund that invests in high-quality healthcare properties in
New Zealand and Australia including private hospitals (~82% of rent), Medical Office Buildings (~11%
of rent) and aged care (~7% of rent).
Vital is the only specialist listed landlord of healthcare property in Australasia and currently has a
portfolio valued at over $2 billion.
Vital is managed by NorthWest Healthcare Properties Management Limited, a subsidiary of Toronto
Stock Exchange listed NorthWest Healthcare Properties REIT, a global owner and manager of
healthcare property.
For more information, visit our website: www.vhpt.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.