Q1 FY25 Dividend

NZX and media
announcement
—
8 November 2024

Page 1

Q1 FY25 DIVIDEND
Property for Industry Limited (PFI, the Company) is pleased to announce a first quarter FY25 cash
dividend of 2.00 cents per share.

The PFI Board today resolved to pay a first quarter FY25 cash dividend of 2.00 cents per share. The
dividend will have imputation credits of 0.37 cents per share attached and a supplementary dividend of
0.17 cents per share will be paid to non-resident shareholders. The record date for the dividend is 15
November 2024, and the payment date is 26 November 2024. The dividend reinvestment scheme will
not operate for this dividend.

The PFI Board continues to guide to FY25 cash dividends of 8.30 to 8.50 cps, an increase of up to 0.20
cps or 2.4% on annualised FP24 dividends.

ENDS




















ABOUT PFI & CONTACT

PFI is an NZX listed property vehicle specialising in industrial property. PFI’s nationwide portfolio of 91 properties is leased to
around 128 tenants.

For further information please contact:

SIMON WOODHAMS
Chief Executive Officer
----
Phone: +64 21 749 770
Email: woodhams@pfi.co.nz
CRAIG PEIRCE
Chief Finance and Operating Officer
----
Phone: +64 21 248 6301
Email: peirce@pfi.co.nz
----
Property for Industry Limited
Level 4, Hayman Kronfeld Building, 15 Galway Street,
Auckland 1010
PO Box 1147, Shortland Street, Auckland 1140
www.propertyforindustry.co.nz

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Distribution Notice

Updated as at June 2023





Section 1: Issuer information
Name of issuer Property for Industry Limited
Financial product name/description Property for Industry Limited Shares
NZX ticker code PFI
ISIN (If unknown, check on NZX
website)
NZPFIE0001S5
Type of distribution
(Please mark with an X in the
relevant box/es)
Full Year Quarterly X
Half Year Special
DRP applies
Record date 15 November 2024
Ex-Date (one business day before the
Record Date)
14 November 2024
Payment date (and allotment date for
DRP)
26 November 2024
Total monies associated with the
distribution
$10,043,987
Source of distribution (for example,
retained earnings)
Retained earnings
Currency NZD
Section 2: Distribution amounts per financial product
Gross distribution $0.02373267
Gross taxable amount $0.01333097
Total cash distribution $0.02000000
Excluded amount (applicable to listed
PIEs)
$0.01040170
Supplementary distribution amount $0.00169382
Section 3: Imputation credits and Resident Withholding Tax
Is the distribution imputed Fully imputed X
Partial imputation
No imputation
If fully or partially imputed, please
state imputation rate as % applied
28%
Imputation tax credits per financial
product
$0.00373267
Resident Withholding Tax per
financial product
N/A

Section 4: Distribution re-investment plan (if applicable)
DRP % discount (if any)
N/A
Start date and end date for
determining market price for DRP

Date strike price to be announced (if
not available at this time)

Specify source of financial products to
be issued under DRP programme
(new issue or to be bought on market)

DRP strike price per financial product

Last date to submit a participation
notice for this distribution in
accordance with DRP participation
terms

Section 5: Authority for this announcement
Name of person

authorised to make
this announcement
Craig Peirce
Contact person for this
announcement
Craig Peirce
Contact phone number +64 21 248 6301
Contact email address peirce@pfi.co.nz
Date of release through MAP

8 November 2024