Dividend Reinvestment Plan strike price
Dividend Reinvestment Plan strike price
27 September 2022 – Mercury advises that the price at which shares will be transferred for the FY2022 final ordinary dividend
under the Company’s Dividend Reinvestment Plan (DRP) is NZ$5.9013 per share.
The price has been determined, in accordance with the terms and conditions of the DRP Offer Document, as the average of the
daily volume weighted average sale price for a share, calculated on all price setting trades of shares that took place through the
NZX Main Board over a period of five trading days starting on 19 September 2022, less a 2.0% discount.
Shareholders who have elected to participate in the DRP will receive shares instead of cash in respect of the FY2022 final
ordinary dividend payable on 30 September 2022.
ENDS
Howard Thomas
General Counsel and Company Secretary
Mercury NZ Limited
For investor relations queries, please contact:
William Meek
Chief Financial Officer
0275 173 470
investor@mercury.co.nz
For media queries, please contact:
Shannon Goldstone
Head of Communications
Media phone: 027 210 5337
media@mercury.co.nz
ABOUT MERCURY NZ LIMITED
We generate electricity from 100% renewable sources – hydro, geothermal and wind. We also sell utility services to our
customers through our retail brands – Mercury, Trustpower and GLOBUG.
We’re listed on the New Zealand Stock Exchange and the Australian Stock Exchange with foreign exempt listed status with the
ticker symbol ‘MCY’. The New Zealand Government holds a legislated 51% shareholding in the Company.
Visit us at: www.mercury.co.nz
STOCK EXCHANGE LISTINGS: NEW ZEALAND (MCY) / AUSTRALIA (MCY)
NEWS RELEASE
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.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- MEL — Meridian Energy Limited: Dividend reinvestment plan strike price2022-09-13
“Release M e r i d i a n E n e r g y L i m i t e d ( A R B N 1 5 1 8 0 0 3 9 6 ) A c o m p a n y i n c o r p o r a t e d i n N e w Z e a l a n d L e v e l 2 , 5 5 L a d y E l i z a b e t h L a n e , P O B o x 1 0 8 4 0 , W e…”
- NZX — NZX Limited: Dividend Reinvestment Plan Strike Price2022-09-18
“Dividend Reinvestment Plan Strike Price and AUD FX rate for dividend 19 SEPTEMBER 2022 - NZX advises that the strike price for the dividend reinvestment plan (DRP) operating in respect of the dividend payable on Friday 23 September 2022 has been set at $1.2133 per share.…”