DRP strike price set at $2.961506
VITAL HEALTHCARE PROPERTY TRUST vhpt.co.nz
Managed by NorthWest Healthcare
Properties Management Limited
Managed by NorthWest Healthcare
Properties Management Ltd
MARKET RELEASE
9 December 2020
Distribution reinvestment plan strike price set at $2.961506
Vital Healthcare Property Trust (Vital) advises that the strike price for its distribution
reinvestment plan (DRP) for the first quarter of the 2021 financial year is $2.961506. 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 2 December 2020).
This pricing is effective for the distribution payable on 17 December 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 Healthcare Property Trust
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 (~80% of rent), Medical
Office Buildings (~10% of rent) and aged care (~8% of rent).
Vital is the only specialist listed landlord of healthcare property in Australasia and currently
has a portfolio valued at over $2.2 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.