Mercury NZD/AUD FX rate for interim dividend

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The Mercury Building, 33 Broadway, Newmarket 1023

PHONE:
+ 64 9 308 8200
mercury.co.nz
PO Box 90399, Auckland 1142
New Zealand

FAX:
+ 64 9 308 8209



Mercury NZD/AUD FX rate for interim dividend
22 September 2020 – The foreign exchange rate used for Mercury’s FY2020 interim dividend payable to Australian investors
in Australian Dollars (NZD/AUD) has been set to 0.9224. The dividend will be paid on 30 September 2020.
An amended ASX Appendix 3A.1 Notification of Dividend/Distribution to this effect has been provided to the ASX.
ENDS
Howard Thomas
General Counsel and Company Secretary
Mercury NZ Limited

For investor relations queries, please contact:
William Meek
Chief Financial Officer
0275 173 470
For media queries, please contact:
Craig Dowling
Head of Communications
0272 105 337


ABOUT MERCURY NZ LIMITED
Mercury’s mission is energy freedom. Our purpose is to inspire New Zealanders to enjoy energy in more wonderful
ways and our goal is to be New Zealand’s leading energy brand. We focus on our customers, our people, our
partners and our country; maintain a long-term view of sustainability; and promote wonderful choices. Mercury is
energy made wonderful. Visit us at: www.mercury.co.nz

STOCK EXCHANGE LISTINGS: NZX (MCY) / ASX (MCY)

NEWS RELEASE

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Update Summary
Entity name
MERCURY NZ LIMITED
Security on which the Distribution will be paid
MCY - ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Announcement Type
Update to previous announcement
Date of this announcement
Tuesday September 22, 2020
Reason for the Update
Confirmation of NZD/AUD exchange rate used for FY20 final dividend of the company to be paid on 30 September 2020.
Additional Information
The foreign exchange rate used for the FY2020 final dividend of the company payable to Australian investors in Australian
Dollars (NZD/AUD) has been set at 0.9224. The dividend will be paid on 30 September 2020.
Refer to below for full details of the announcement

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Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
MERCURY NZ LIMITED
1.2 Registered Number Type
ARBN
Registration Number
162804668
1.3 ASX issuer code
MCY
1.4 The announcement is
1.4a Reason for update to a previous announcement
Confirmation of NZD/AUD exchange rate used for FY20 final dividend of the company to be paid on 30 September 2020.
1.4b Date of previous announcement(s) to this update
Tuesday August 18, 2020
1.5 Date of this announcement
Tuesday September 22, 2020
1.6 ASX +Security Code
MCY
ASX +Security Description
ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Part 2A - All dividends/distributions basic details
2A.1 Type of dividend/distribution
2A.2 The Dividend/distribution:
relates to a period of six months
2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)
Tuesday June 30, 2020
Ordinary
Update/amendment to previous announcement

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2A.4 +Record Date
Tuesday September 15, 2020
2A.5 Ex Date
Monday September 14, 2020
2A.6 Payment Date
Wednesday September 30, 2020
2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?
Security holder approval
Court approval
Lodgement of court order with +ASIC
ACCC approval
FIRB approval
Another approval/condition external to the entity required before business day 0 of the timetable for the
dividend/distribution.
2A.8 Currency in which the dividend/distribution is made ("primary currency")
NZD - New Zealand Dollar
2A.9 Total dividend/distribution payment amount per
+security (in primary currency) for all
dividends/distributions notified in this form
NZD 0.11058824
2A.9a AUD equivalent to total dividend/distribution
amount per +security
AUD 0.10200659
2A.9b If AUD equivalent not known, date for information
to be released
Tuesday September 22, 2020
Estimated or Actual?
2A.9c FX rate (in format AUD 1.00 / primary currency
rate): AUD
AUD 1.00
FX rate (in format AUD rate/primary currency rate)
Primary Currency rate
NZD 1.08412836
2A.10 Does the entity have arrangements relating to the
currency in which the dividend/distribution is paid to
securityholders that it wishes to disclose to the market?
2A.11 Does the entity have a securities plan for
dividends/distributions on this +security?
2A.12 Does the +entity have tax component information
apart from franking?
2A.13 Withholding tax rate applicable to the dividend/distribution (%)
15.000000 %
No
We do not have a securities plan for
dividends/distributions on this security
Yes
Actual
No

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Part 2B - Currency Information
2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the
banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand
and/or USD to residents of the U.S.A.).
2B.2 Please provide a description of your currency arrangements
Payment to shareholders on the Australian register will be calculated on the NZD/AUD foreign exchange hedge rate of
0.9224.
2B.2a Other currency/currencies in which the dividend/distribution will be paid:
CurrencyPayment currency equivalent amount per security
AUD - Australian DollarAUD 0.10200659
2B.2b Please provide the exchange rates used for non-primary currency payments
NZD/AUD 0.9224
2B.2c If payment currency equivalent and exchange
rates not known, date for information to be released
Tuesday September 22, 2020
Estimated or Actual?
2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the
default arrangements?
Part 3A - Ordinary dividend/distribution
3A.1 Is the ordinary dividend/distribution estimated at
this time?
3A.1a Ordinary dividend/distribution estimated amount
per +security
NZD
3A.1b Ordinary Dividend/distribution amount per
security
NZD 0.09400000
3A.2 Is the ordinary dividend/distribution franked?
3A.3 Percentage of ordinary dividend/distribution that is
franked
0.0000 %
No
No
No
Actual
Yes

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3A.4 Ordinary dividend/distribution franked amount per
+security
NZD 0.00000000
3A.5 Percentage amount of dividend which is unfranked
100.0000 %
3A.6 Ordinary dividend/distribution unfranked amount
per +security excluding conduit foreign income amount
NZD 0.09400000
Part 3F - NZD declared dividends/distributions - supplementary dividend/distribution
3F.1 Is a supplementary dividend/distribution payable?
3F.2 Is the supplementary dividend/distribution
estimated at this time?
3F.2a Supplementary dividend/distribution estimated
amount per +security
NZD
3F.2b Supplementary dividend/distribution amount per +security
NZD 0.01658824
3F.3 Is the Supplementary dividend/distribution franked?
3F.4 Percentage of Supplementary dividend/distribution
that is franked
0.0000 %
3F.4a Applicable corporate tax rate for franking credit
(%)
%
3F.5 Supplementary dividend/distribution franked
amount per +security
NZD 0.00000000
3F.6 Percentage of Supplementary dividend/distribution
that is unfranked
100.0000 %
3F.7 Supplementary dividend/distribution unfranked amount per security
NZD 0.01658824
Part 5 - Further information
5.1 Please provide any further information applicable to this dividend/distribution
The total dividend/distribution amount per security referred to in 2A.9 relates to an ordinary dividend of NZD 0.09400000
plus a supplementary dividend of NZD 0.01658824.
5.2 Additional information for inclusion in the Announcement Summary
The foreign exchange rate used for the FY2020 final dividend of the company payable to Australian investors in Australian
Dollars (NZD/AUD) has been set at 0.9224. The dividend will be paid on 30 September 2020.
No
No
Yes