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Proceeds of Graham Street settlement

Dividend14 November 2024APLReal Estate

NZX RELEASE

15 November 2024


Proceeds of Graham Street settlement


Asset Plus (NZX: APL) announces that the Board of Asset Plus has resolved that, subject to the sale of 35 Graham

Street, Auckland successfully settling, it intends to declare a special dividend of 5 cents per share from the net

proceeds of that sale following repayment of all bank debt.


Settlement of the sale of 35 Graham Street is currently contracted to occur on Friday, 29 November 2024. If

settlement occurs on that date, the special dividend is expected to be formally declared and announced on

Monday, 2 December 2024, with an expected payment date on or around Monday, 16 December 2024.


Announcement authorised by the Board of Asset Plus Limited.


-ENDS-


For further information please contact:


Mark Francis

CEO, Centuria NZ, manager of Asset Plus Limited

+64 9 300 6161


Simon Woollams

COO, Centuria NZ, manager of Asset Plus Limited

+64 9 300 6161


Stephen Brown-Thomas

Asset Plus Fund Manager, Centuria NZ, manager of Asset Plus Limited

+64 9 300 6161

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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