Issue Price for Dividend Reinvestment Plan
©Scott Technology Limited
5 May 2023
Issue price for Dividend Reinvestment Plan
Scott Technology Limited (the “Company”) advises that the issue price used to calculate
entitlements under the Company’s Dividend Reinvestment Plan (the “DRP”) for the recent interim
dividend, has been set at $2.9318 per share (the “DRP Issue Price”). The DRP Issue Price was
calculated based on the volume weighted average sale price for the Company’s shares sold on the
NZX Main Board during the period 28 April 2023 to 2 May 2023 (inclusive) less a discount of 1.0%.
The board of the Company has not exercised its discretion to adjust the DRP Issue Price (including to
allow for any bonus or dividend expectation or for any exceptional or unusual circumstances).
The additional shares issued under the DRP will be sourced by way of new shares issued by the
Company.
Shares issued under the DRP will be allotted on the dividend payment date of 11 May 2023.
Any enquires should be directed to:
Cameron Matthewson, Chief Financial Officer
+64 27 705 6457
c.mathewson@scottautomation.com
ENDS
For more information, visit www.scottautomation.com or contact:
Cameron Mathewson
Chief Financial Officer
Scott Technology
About Scott Technology
Scott delivers smart automation and robotic solutions that transform industries by making businesses
safer, more productive and more efficient. Our diverse capability makes us the first choice for
hundreds of the world’s leading brands. With design and build operations across Australasia, China,
Europe and America and over 100 years of engineering excellence, Scott is the global expert in
automation.
www.scottautomation.com
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.
- NZX — NZX Limited: Dividend Reinvestment Plan Strike Price and AUD FX rate2023-03-08
“Dividend Reinvestment Plan Strike Price and AUD FX rate 9 MARCH 2023 - NZX advises the strike price for the dividend reinvestment plan (DRP) operating in respect of the dividend payable on Thursday 16 March 2023 has been set at $1.2006 per share. The strike price has bee…”
- FPH — Fisher & Paykel Healthcare Corporation Limited: Dividend Reinvestment Plan Strike Price and AUD FX Rate2023-07-05
“News Release STOCK EXCHANGE LISTINGS: NEW ZEALAND (FPH), AUSTRALIA (FPH) Dividend reinvestment plan strike price and AUD FX rate for interim dividend Auckland, New Zealand, 5 July 2023 - Fisher & Paykel Healthcare Corporation Limited advises that the strike price for the…”
- FRW — Freightways Group Limited: Dividend reinvestment plan strike price2023-03-20
“NZX Announcement 20 March 2023 Dividend reinvestment plan strike price Freightways Group Limited advises that the price at which shares will be issued for the 2023 Interim Ordinary Dividend under the Company’s Dividend Reinvestment Plan (DRP) is NZ$9.3440 per share. The is…”