Dividend reinvestment plan strike price set at $0.8853
NZX RELEASE
13 June 2023
Dividend reinvestment plan strike price set at
$0.8853
Kiwi Property advises that the price for the Dividend Reinvestment Plan (DRP) operating
in respect of the final dividend payable on Wednesday 21 June 2023 is $0.8853 per
share. The price represents a 2% discount to the average of the daily volume weighted
average price of shares traded over the five business days following and including the
ex-date.
Approximately 26% of shareholders, representing 36% of shares on issue, have elected
to participate in the DRP.
Shareholders who wish to participate in the DRP for future dividends should notify Kiwi
Property’s registrar, Link Market Services (Link), on 0800 377 388 or, for Australian investors
on +64 9 375 5998, or you can update your details through the Link website
investorcentre.linkgroup.nz.
Contact us for further information:
Campbell Hodgetts
Head of Communications and Investor Relations
campbell.hodgetts@kp.co.nz
+64 275 634 985
About us:
Kiwi Property (NZX: KPG) is one of the largest listed property companies on the New
Zealand Stock Exchange and is a member of the S&P/NZX 20 Index. We’ve been
around for over 25 years and proudly own and manage a significant real estate
portfolio, comprising some of New Zealand’s best mixed-use, retail and office
buildings. Our objective is to provide investors with a reliable investment in New
Zealand property through the ownership and active management of a diversified,
high-quality portfolio. S&P Global Ratings has assigned Kiwi Property a corporate
credit rating of BBB (stable) and an issue credit rating of BBB+ for each of its fixed rate
senior secured bonds. Kiwi Property is licensed under the Real Estate Agents Act 2008.
To find out more, visit our website kp.co.nz
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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