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Works Finance (NZ) Limited – ROADS rate set

Dividend15 June 2023DOWIndustrials

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Media/ASX and NZX Release

15 June 2023


WORKS FINANCE (NZ) LIMITED - ROADS RATE SET


Downer EDI Limited and Works Finance (NZ) Limited (previously known as Works Infrastructure Finance

(NZ) Limited) wish to advise that in accordance with the terms of the ROADS preference shares, the

Dividend Rate on the ROADS preference shares for the period 15 June 2023 to the next reset date of

15 June 2024, is 9.81% per annum payable quarterly in arrears. This figure is equal to the One Year Swap

Rate on 15 June 2023 of 5.76% per annum plus the Step-up Margin of 4.05% per annum.

It is the intention that Dividends will continue to be fully imputed.

Holders are not required to undertake any action.

Should you require any further information regarding the above please refer to the Prospectus, your financial

or professional advisor or your nominated NZX firm

.











Authorised for release by Downer’s Chief Financial Officer, Michael Ferguson.



About Downer

Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the

heart of everything it does. It exists to create and sustain the modern environment and its promise is to work

closely with its customers to help them succeed, using world-leading insights and solutions to design, build

and sustain assets, infrastructure and facilities. For more information visit downergroup.com.


For further information please contact:

Media: Mitchell Dale, General Manager Corporate Affairs +61 448 362 198

Investors: Adam Halmarick, Group Head of Investor Relations +61 413 437 487


Downer EDI Limited

ABN 97 003 872 848

Triniti Business Campus

39 Delhi Road

North Ryde NSW 2113

1800 DOWNER

www.downergroup.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.

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