Mercury NZ Limited/Announcement
Mercury NZ Limited logo

ASX Appendix 3A.1

Dividend20 February 2023MCYUtilities

Notification of dividend / distribution
Notification of dividend / distribution

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Announcement Summary

Entity name

MERCURY NZ LIMITED

Security on which the Distribution will be paid

MCY - ORDINARY FULLY PAID FOREIGN EXEMPT NZX

Announcement Type

New announcement

Date of this announcement

21/2/2023

Distribution Amount

NZD 0.10235294

Ex Date

15/3/2023

Record Date

16/3/2023

Payment Date

3/4/2023

DRP election date

Friday March 17, 2023 15:00:00

Refer to below for full details of the announcement

For personal use only

Notification of dividend / distribution
Notification of dividend / distribution

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

MERCURY NZ LIMITED

1.2 Registered Number Type

ARBN

Registration Number

162804668

1.3 ASX issuer code

MCY

1.4 The announcement is

1.5 Date of this announcement

21/2/2023

1.6 ASX +Security Code

MCY

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:

relates to a period of six months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

31/12/2022

2A.4 +Record Date

16/3/2023

2A.5 Ex Date

15/3/2023

Ordinary

New announcement

For personal use only

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2A.6 Payment Date

3/4/2023

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 0.10235294

2A.9a AUD equivalent to total dividend/distribution

amount per +security

AUD

2A.9b If AUD equivalent not known, date for information

to be released

22/3/2023

Estimated or Actual?

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.11a If the +entity has a DRP, is the DRP applicable to

this dividend/distribution?

2A.11a(i) DRP Status in respect of this

dividend/distribution

Full DRP

2A.12 Does the +entity have tax component information

apart from franking?

2A.13 Withholding tax rate applicable to the dividend/distribution (%)

15.000000 %

Part 2B - Currency Information

2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the

banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand

No

Yes

We have a Dividend/Distribution Reinvestment Plan (DRP)

Yes

Actual

No

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banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand

and/or USD to residents of the U.S.A.).

2B.2 Please provide a description of your currency arrangements

Payment to shareholders on the Australian register will be calculated on the NZD/AUD foreign exchange hedge rate to be

disclosed 22 March 2023.

2B.2a Other currency/currencies in which the dividend/distribution will be paid:

CurrencyPayment currency equivalent amount per security

AUD - Australian DollarAUD

2B.2b Please provide the exchange rates used for non-primary currency payments

2B.2c If payment currency equivalent and exchange

rates not known, date for information to be released

22/3/2023

Estimated or Actual?

2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the

default arrangements?

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at

this time?

3A.1a Ordinary dividend/distribution estimated amount

per +security

NZD

3A.1b Ordinary Dividend/distribution amount per

security

NZD 0.08700000

3A.2 Is the ordinary dividend/distribution franked?

3A.3 Percentage of ordinary dividend/distribution that is

franked

0.0000 %

3A.4 Ordinary dividend/distribution franked amount per

+security

NZD 0.00000000

3A.5 Percentage amount of dividend which is unfranked

100.0000 %

3A.6 Ordinary dividend/distribution unfranked amount

per +security excluding conduit foreign income amount

NZD 0.08700000

No

No

No

Actual

Yes

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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.2b Supplementary dividend/distribution amount per +security

NZD 0.01535294

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 0.01535294

Part 4A - +Dividend reinvestment plan (DRP)

4A.1 What is the default option if +security holders do not indicate whether they want to participate in the DRP?

4A.2 Last date and time for lodgement of election

notices to share registry under DRP

Friday March 17, 2023 15:00:00

4A.3 DRP discount rate

0.0000 %

4A.4 Period of calculation of reinvestment price

Start Date

20/3/2023

End Date

24/3/2023

4A.5 DRP price calculation methodology

The price is calculated as the average of the daily volume weighted average sale price for a share (expressed in cents

and fractions of a cent) calculated on all sales of shares which took place through the NZX Main Board on the five trading

days commencing on 20 March 2023 in accordance with the DRP terms and conditions.

4A.6 DRP Price (including any discount):

NZD

4A.7 DRP +securities +issue date

3/4/2023

4A.8 Will DRP +securities be a new issue?

No

Do not participate in DRP (i.e. cash payment)

No

No

Yes

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4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation?

4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation?

4A.11 Are there any other conditions applying to DRP participation?

4A.11a Conditions for DRP participation

The DRP is only available to holders of shares who have an address on the Mercury share register in New Zealand or

Australia. The full terms and conditions of the DRP are set out in the DRP Offer Document at the link below.

4A.12 Link to a copy of the DRP plan rules

https://www.mercury.co.nz/investors/dividends

4A.13 Further information about the DRP

Security holders who participate in the DRP will be transferred fully paid ordinary shares by way of the re-issue of existing

treasury stock.

Part 5 - Further information

5.1 Please provide any further information applicable to this dividend/distribution

The total dividend/distribution amount per security referred to in 2A.9 relates to an ordinary dividend of NZD 0.08700000

plus a supplementary dividend of NZD 0.01535294 payable to non-New Zealand resident shareholders.

5.2 Additional information for inclusion in the Announcement Summary

Yes

No

No

For personal use only

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.

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