ASX Appendix 3A.1 – Dividend / Distribution
Appendix 3A.1 - 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
20/2/2024
Distribution Amount
NZD 0.10941176
Ex Date
13/3/2024
Record Date
14/3/2024
Payment Date
2/4/2024
DRP election date
Friday March 15, 2024 15:00:00
Refer to below for full details of the announcement
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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
20/2/2024
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)
31/12/2023
2A.4 +Record Date
14/3/2024
2A.5 Ex Date
13/3/2024
2A.6 Payment Date
2/4/2024
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
Ordinary
New announcement
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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 0.10941176
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
20/3/2024
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
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 on 20 March 2024.
2B.2a Other currency/currencies in which the dividend/distribution will be paid:
CurrencyPayment currency equivalent amount per security
AUD - Australian DollarAUD
Yes
No
Yes
We have a Dividend/Distribution Reinvestment Plan (DRP)
Yes
Actual
No
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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
20/3/2024
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 0.09300000
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 0.09300000
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 0.01641176
3F.3 Is the Supplementary dividend/distribution franked?
3F.4 Percentage of Supplementary dividend/distribution3F.4a Applicable corporate tax rate for franking credit
No
No
Yes
No
No
No
Actual
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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 0.01641176
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 15, 2024 15:00:00
4A.3 DRP discount rate
2.0000 %
4A.4 Period of calculation of reinvestment price
Start Date
18/3/2024
End Date
22/3/2024
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 18 March 2024 in accordance with the DRP terms and conditions.
4A.6 DRP Price (including any discount):
NZD
4A.7 DRP +securities +issue date
2/4/2024
4A.8 Will DRP +securities be a new issue?
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.
Yes
No
No
No
Do not participate in DRP (i.e. cash payment)
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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 0.09300000
plus a supplementary dividend of NZD 0.01641176 payable to non-New Zealand resident shareholders.
5.2 Additional information for inclusion in the Announcement Summary
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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