Foreign exchange rate and franking for dividend payment

NZME Limited. 2-4 Graham Street, Private Bag 92198, Victoria Street West, Auckland.
1
MARKET ANNOUNCEMENT
FOREIGN EXCHANGE RATE AND FRANKING FOR DIVIDEND
PAYMENT

AUCKLAND, 11 July 2022: NZME Limited (NZX: NZM, ASX: NZM) (“NZME”) advises that the
foreign exchange rate used for the payment of the dividend on 12 July 2022 to Australian investors
in AUD has been set at NZ$1 = A$0.9097.

NZME also advises that the percentage of the special dividend that is franked has changed from
73.2083% to 72.4276% now the foreign exchange rate has been set.

Attached is an updated ASX Appendix 3A.1 Notification of Dividend/Distribution released to the
ASX.

ENDS

Authorised by: Michael Boggs, Chief Executive Officer

For further information please contact:

For media For investors
Kelly Gunn
GM Communications
+64 27 213 5625
Kelly.gunn@nzme.co.nz

David Mackrell
Chief Financial Officer
+64 21 311 911
David.mackrell@nzme.co.nz


11 July 2022
FOR IMMEDIATE RELEASE

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Update Summary
Entity name
NZME LIMITED
Security on which the Distribution will be paid
NZM - ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Announcement Type
Update to previous announcement
Date of this announcement
11/7/2022
Reason for the Update
Update to Q2A.9a and Q2A.9c - confirmation of AUD rate and update to Q3B.3 - Q3B.6 - consequent change to franked
and unfranked percentage.
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
NZME LIMITED
1.2 Registered Number Type
ARBN
Registration Number
612823864
1.3 ASX issuer code
NZM
1.4 The announcement is
1.4a Reason for update to a previous announcement
Update to Q2A.9a and Q2A.9c - confirmation of AUD rate and update to Q3B.3 - Q3B.6 - consequent change to franked
and unfranked percentage.
1.4b Date of previous announcement(s) to this update
20/6/2022
1.5 Date of this announcement
11/7/2022
1.6 ASX +Security Code
NZM
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:
does not relate to a specific period within the financial year in which it was paid
2A.4 +Record Date
28/6/2022
Special
Update/amendment to previous announcement

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2A.5 Ex Date
27/6/2022
2A.6 Payment Date
12/7/2022
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 0.05882353
2A.9a AUD equivalent to total dividend/distribution
amount per +security
AUD 0.05351176
2A.9b If AUD equivalent not known, date for information
to be released
11/7/2022
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 1.09926349
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
No
No

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Part 3B - Special dividend/distribution
3B.1 Is the special dividend/distribution estimated at this
time?
3B.1a Special dividend/distribution estimated amount
per +security
NZD
3B.1b Special dividend/distribution amount per +security
NZD 0.05000000
3B.2 Is special dividend/distribution franked?3B.2a Is the special dividend/distribution fully franked?
3B.3 Percentage of special dividend/distribution that is
franked
72.4276 %
3B.3a Applicable corporate tax rate for franking credit
(%)
30.0000 %
3B.4 Special dividend/distribution franked amount per
+security
NZD 0.03621380
3B.5 Percentage of special dividend/distribution that is
unfranked
27.5724 %
3B.6 Special dividend/distribution unfranked amount per +security excluding conduit foreign income amount
NZD 0.01378620
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 0.00882353
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 0.00882353
No
No
Yes
NoYes
No

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Part 5 - Further information
5.1 Please provide any further information applicable to this dividend/distribution
THE TOTAL DIVIDEND/DISTRIBUTION AMOUNT PER SECURITY OF NZD REFERRED TO IN 2A.9 of NZD0.05882353
RELATES TO A SPECIAL DIVIDEND OF NZD0.05000000 PLUS A SUPPLEMENTARY DIVIDEND OF NZD0.00882353
PAYABLE ONLY TO NON-RESIDENT SHAREHOLDERS WHO HOLD LESS THAN 10% OF THE SHARES IN THE
COMPANY
5.2 Additional information for inclusion in the Announcement Summary