Interim Dividend – 2021

ANNOUNCEMENT TO NZX RE DIVIDEND AND RECORD DATE
23 February 2021


NZX Limited
WELLINGTON

Enprise Group Limited - Declaration of Dividend and Dividend Reinvestment Plan
The Board of the Company has resolved to declare a dividend of 2.0 cents per share. No imputation
credits are attached to the dividend, ie be tax paid will be resident or non-resident withholding tax
(whichever is applicable).
In conjunction with the declaration of the dividend, the Board has resolved to apply its dividend
reinvestment plan (“DRP”).
Under the DRP, eligible shareholders will have the option to reinvest the net proceeds of the cash
dividend payable or credited on all or some of the shareholders shares by acquiring further shares in
the Company (“Additional Shares”).
The record date for determining eligible shareholder entitlement to Additional Shares under the DRP
is 5:00pm on 2 March 2021 (“Record Date”).
A shareholder wishing to participate in the DRP may elect to participate in the DRP by exercising one
of the following options:
(a) Full Participation - If a shareholder chooses full participation, the DRP will apply to the cash
dividends payable or credited from time to time less any withholding tax applicable in respect
of all Shares registered in the participating shareholders name.
(b) Partial Participation – If a shareholder chooses partial participation, the DRP will only apply
to the cash dividends payable or credited less any withholding tax applicable from time to
time in respect of the shareholders nominated percentage of Shares registered in the
shareholders name.
(c) No Participation - If a shareholder does not wish to participate in the DRP and instead wishes
to receive the dividends payable or credited in respect of their Shares from time to time in
cash, the shareholder does not need to do anything.

The strike price for the DRP will be set during the five business days after the Record Date using the
following formula:

EPSP=

Where:
P is the volume weighted average sale price in New Zealand dollars (expressed in cents and
fractions of cents) for a Share calculated on all trades of Shares which took place through the
NZX Main Board over the period of 5 trading days immediately following the Record Date. If
no sales of Shares occur during those 5 trading days, then the volume weighted average sale
price will be deemed to be the sale price for a Share on the last trade of Shares which took
place prior to such trading days as determined by NZX Limited. The price “P” may be
reasonably adjusted by the Company to allow for any bonus issue or dividend or other
distribution expectation. If, in the opinion of the Board, any exceptional or unusual
circumstances (including any unusual or irregular trades) have artificially affected the price
“P”, the Company may make such adjustment to that price as it considers reasonable
E is 95 per cent.
Documentation in respect of the DRP, including the Participation Notice required to be completed by
those shareholders wishing to participate in the DRP is available from Link Market Services’ online
investor centre at https://investorcentre.linkmarketservices.co.nz/Login.
Applications to participate in the DRP must be received by the Company’s share registry online
before 5pm on 3 March 2021.
A Distribution Notice accompanies this announcement in respect of the proposed dividend.
For further information please contact:
Elliot Cooper
Executive Director
Mobile: 0275 615501
Email: elliotc@enprisegroup.com

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Distribution Notice





Please note: all cash amounts in this form should be provided to 8 decimal places

Section 1: Issuer information
Name of issuer Enprise Group Limited
Financial product name/description Ordinary Shares
NZX ticker code ENS
ISIN (If unknown, check on NZX
website)
NZENSE0001S2
Type of distribution
(Please mark with an X in the
relevant box/es)
Full Year Quarterly
Half Year X Special
DRP applies X
Record date 2 March 2021
Ex-Date (one business day before the
Record Date)
1 March 2021
Payment date (and allotment date for
DRP)
16 March 2021
Total monies associated with the
distribution
1

$ 321,031.76
Source of distribution (for example,
retained earnings)
Retained Earnings
Currency NZD
Section 2: Distribution amounts per financial product
Gross distribution
2
$0.02000000
Gross taxable amount
3
$0.02000000
Total cash distribution
4
$0.02000000
Excluded amount (applicable to listed
PIEs)
$0.00000000
Supplementary distribution amount $0.00000000
Section 3: Imputation credits and Resident Withholding Tax
5

Is the distribution imputed No imputation



1
Continuous issuers should indicate that this is based on the number of units on issue at the date of the form
2
“Gross distribution” is the total cash distribution plus the amount of imputation credits, per financial product, before the deduction of
Resident Withholding Tax (RWT).
3
“Gross taxable amount” is the gross distribution minus any excluded income.
4
“Total cash distribution” is the cash distribution excluding imputation credits, per financial product, before the deduction of RWT.
This should include any excluded amounts, where applicable to listed PIEs.
5
The imputation credits plus the RWT amount is 33% of the gross taxable amount for the purposes of this form. If the distribution is
fully imputed the imputation credits will be 28% of the gross taxable amount with remaining 5% being RWT. This does not constitute
advice as to whether or not RWT needs to be withheld.

If fully or partially imputed, please
state imputation rate as % applied
6

0.00000000%
Imputation tax credits per financial
product
$0.00000000
Resident Withholding Tax per
financial product
$0.00660000
Section 4: Distribution re-investment plan (if applicable)
DRP % discount (if any)
5.00000000%
Start date and end date for
determining market price for DRP
3 March 2021 9 March 2021
Date strike price to be announced (if
not available at this time)
10 March 2021
Specify source of financial products to
be issued under DRP programme
(new issue or to be bought on market)
Ordinary Shares
DRP strike price per financial product
$to be advised once calculated
Last date to submit a participation
notice for this distribution in
accordance with DRP participation
terms
3 March 2021
Section 5: Authority for this announcement
Name of person

authorised to make
this announcement
Elliot Cooper
Contact person for this
announcement
Elliot Cooper
Contact phone number 0275615501
Contact email address e
lliot@enprisegroup.com

Date of release through MAP

23 February 2021


6
Calculated as (imputation credits/gross taxable amount) x 100. Fully imputed dividends will be 28% as a % rate applied.