Q3 Dividend

NZX and media
announcement
—
2 November 2020


Q3 DIVIDEND

Property for Industry Limited (PFI) is pleased to announce a third quarter dividend of 1.850000 cents
per share.

The PFI Board has today resolved to pay a third quarter cash dividend of 1.850000 cents per share, in
line with the dividend paid for the same period in the prior year.

The dividend will have imputation credits of 0.535085 cents per share attached and a supplementary
dividend of 0.242812 cents per share will be paid to non-resident shareholders. The record date for the
dividend is 9 November 2020, and the payment date is 18 November 2020.

As was the case with the second quarter dividend, the dividend reinvestment scheme (DRS) will operate
with a discount of 2%. The last date for receipt of an application for participation in the DRS is one
business day after the record date, being 10 November 2020. If you have previously completed an
application to participate in the DRS, you do not need to do anything further. You will receive shares
instead of cash, in accordance with your application. If you wish to change your previous participation,
you will need to complete a new application.

ENDS














ABOUT PFI & CONTACT

PFI is an NZX listed property vehicle specialising in industrial property. PFI’s nationwide portfolio of 93 properties is leased to
142 tenants.

For further information please contact:

SIMON WOODHAMS CRAIG PEIRCE
Chief Executive Officer Chief Finance and Operating Officer
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Phone: +64 9 303 9652 Phone: +64 9 303 9651
Email: woodhams@propertyforindustry.co.nz Email: peirce@propertyforindustry.co.nz
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Property for Industry Limited
Shed 24, Prince’s Wharf, 147 Quay Street, Auckland 1010
PO Box 1147, Shortland Street, Auckland 1140
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www.propertyforindustry.co.nz

Attachments
NZX Form – Distribution Notice

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Distribution Notice

Updated as at 18 December 2019






Section 1: Issuer information
Name of issuer Property for Industry Limited
Financial product name/description Property for Industry Limited Shares
NZX ticker code PFI
ISIN (If unknown, check on NZX
website)
NZPFIE0001S5
Type of distribution
(Please mark with an X in the
relevant box/es)
Full Year Quarterly X
Half Year Special
DRP applies X
Record date 9 November 2020
Ex-Date (one business day before the
Record Date)
6 November 2020
Payment date (and allotment date for
DRP)
18 November 2020
Total monies associated with the
distribution
$9,261,005
Source of distribution (for example,
retained earnings)
Retained earnings
Currency NZD
Section 2: Distribution amounts per financial product
Gross distribution $0.02385085
Gross taxable amount $0.01911019
Total cash distribution $0.01850000
Excluded amount (applicable to listed
PIEs)
$0.00474066
Supplementary distribution amount $0.00242812
Section 3: Imputation credits and Resident Withholding Tax
Is the distribution imputed Fully imputed X
Partial imputation
No imputation
If fully or partially imputed, please
state imputation rate as % applied
28%
Imputation tax credits per financial
product
$0.00535085
Resident Withholding Tax per
financial product
N/A

Section 4: Distribution re-investment plan (if applicable)
DRP % discount (if any)
2%
Start date and end date for
determining market price for DRP
9 November 2020 13 November 2020
Date strike price to be announced (if
not available at this time)
14 November 2020
Specify source of financial products to
be issued under DRP programme
(new issue or to be bought on market)
New Issue
DRP strike price per financial product
To be determined
Last date to submit a participation
notice for this distribution in
accordance with DRP participation
terms
10 November 2020
Section 5: Authority for this announcement
Name of person

authorised to make
this announcement
Craig Peirce
Contact person for this
announcement
Craig Peirce
Contact phone number +64 21 248 6301
Contact email address peirce@pfi.co.nz
Date of release through MAP

2 November 2020