FY24 First Quarter Dividend

30 August 2023
•

---

Template
Distribution Notice

Updated as at 18 December 2019



Please note: all cash amounts in this form should be provided to 8 decimal places

Section 1: Issuer information
Name of issuer INVESTORE PROPERTY LIMITED
Financial product name/description Ordinary Shares of Investore Property Limited
NZX ticker code IPL
ISIN (If unknown, check on NZX
website)
NZIPLE0001S3
Type of distribution
(Please mark with an X in the
relevant box/es)
Full Year Quarterly X
Half Year Special
DRP applies X
Record date 07/09/2023
Ex-Date (one business day before the
Record Date)
06/09/2023
Payment date (and allotment date for
DRP)
25/09/2023
Total monies associated with the
distribution
1

$7,258,177
Source of distribution (for example,
retained earnings)
Retained earnings
Currency NZD – New Zealand Dollar
Section 2: Distribution amounts per financial product
Gross distribution
2
$0.02322145
Gross taxable amount
3
$0.01239803
Total cash distribution
4
$0.01975000
Excluded amount (applicable to listed
PIEs)
$0.01082342
Supplementary distribution amount $0.00157528
Section 3: Imputation credits and Resident Withholding Tax
5

Is the distribution imputed Fully imputed
If fully or partially imputed, please state
imputation rate as % applied
6

28%

1
Continuous issuers should indicate that this is based on the number of units on issue at the date of the form
2
“Gross distribution” is the total cash distribution plus the amount of imputation credits, per financial product, before the deduction of
Resident Withholding Tax (RWT).
3
“Gross taxable amount” is the gross distribution minus any excluded income.
4
“Total cash distribution” is the cash distribution excluding imputation credits, per financial product, before the deduction of RWT.
This should include any excluded amounts, where applicable to listed PIEs.
5
The imputation credits plus the RWT amount is 33% of the gross taxable amount for the purposes of this form. If the distribution is
fully imputed the imputation credits will be 28% of the gross taxable amount with remaining 5% being RWT. This does not constitute
advice as to whether or not RWT needs to be withheld.
6
Calculated as (imputation credits/gross taxable amount) x 100. Fully imputed dividends will be 28% as a % rate applied.

Imputation tax credits per financial
product
$0.00347145
Resident Withholding Tax per financial
product
n/a
Section 4: Distribution re-investment plan (if applicable)
DRP % discount (if any)
2%
Start date and end date for determining
market price for DRP
06/09/2023 12/09/23
Date strike price to be announced (if not
available at this time)
13/09/2023
Specify source of financial products to
be issued under DRP programme (new
issue or to be bought on market)
New issue
DRP strike price per financial product
To be determined and announced on 13/09/2023
Last date to submit a participation notice
for this distribution in accordance with
DRP participation terms
08/09/23
Section 5: Authority for this announcement
Name of person

authorised to make
this announcement
Louise Hill
Contact person for this announcement Louise Hill
Contact phone number +64 275 580033
Contact email address louise.hill@strideproperty.co.nz
Date of release through MAP

30/08/2023