FY22 First Quarter Dividend

IMMEDIATE – 2 September 2021
Investore Property Limited - FY22 First Quarter Dividend

Investore Property Limited (Investore) has today announced a cash dividend for the first quarter (1 April 2021 to
30 June 2021) of the financial year ending 31 March 2022 (FY22) of 1.975 cents per share to be paid on
17 September 2021 to all shareholders on the register at the close of business on 10 September 2021 (i.e., the
record date).

This dividend will carry imputation credits of 0.365079 cents per share. A supplementary dividend of 0.165666 cents
per share will be paid to non-resident shareholders.

The Board confirms that, consistent with previous guidance, it is targeting an annual cash dividend of 7.90 cents per
share to shareholders for FY22, assuming no further deterioration in economic conditions due to COVID-19.

Ends
Attachment provided to NZX:
• Investore Property Limited – NZX Distribution Notice – 2 September 2021

For further information please contact:
Mike Allen, Chairman, Investore Property Limited
Mobile: 021 606 134 - Email: mike.allen@investoreproperty.co.nz

Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited as manager of Investore
Mobile: 021 230 3026 - Email: philip.littlewood@strideproperty.co.nz

Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited as manager of Investore
Mobile: 021 536 406 - Email: jennifer.whooley@strideproperty.co.nz

Louise Hill, General Manager Corporate Services, Stride Investment Management Limited as manager of Investore
Mobile: 0275 580 033- Email: louise.hill@strideproperty.co.nz

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Template
Distribution Notice

Updated as at 18 December 2019



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

Section 1: Issuer information
Name of issuer INVESTORE PROPERTY LIMITED
Financial product name/description Ordinary Shares of Investore Property Limited
NZX ticker code IPL
ISIN (If unknown, check on NZX
website)
NZIPLE0001S3
Type of distribution
(Please mark with an X in the
relevant box/es)
Full Year Quarterly X
Half Year Special
DRP applies
Record date 10/09/2021
Ex-Date (one business day before the
Record Date)
09/09/2021
Payment date (and allotment date for
DRP)
17/09/2021
Total monies associated with the
distribution
1

$7,270,667
Source of distribution (for example,
retained earnings)
Retained earnings
Currency NZD – New Zealand Dollar
Section 2: Distribution amounts per financial product
Gross distribution
2
$0.02340079
Gross taxable amount
3
$0.01303854
Total cash distribution
4
$0.01975000
Excluded amount (applicable to listed
PIEs)
$0.01036225
Supplementary distribution amount $0.00165666
Section 3: Imputation credits and Resident Withholding Tax
5

Is the distribution imputed Fully imputed
If fully or partially imputed, please
state imputation rate as % applied
6

28%

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

Imputation tax credits per financial
product
$0.00365079
Resident Withholding Tax per
financial product
n/a
Section 4: Distribution re-investment plan (if applicable)
DRP % discount (if any)
n/a
Section 5: Authority for this announcement
Name of person

authorised to make
this announcement
Louise Hill
Contact person for this
announcement
Louise Hill
Contact phone number +64 275 580033
Contact email address louise.hill@strideproperty.co.nz
Date of release through MAP

02/09/2021