Stride Property Group has adopted a dividend reinvestment plan, which takes effect from 5 December 2022.

Eligible shareholders may choose to reinvest their dividends in additional shares without incurring brokerage fees.

The plan is only available to shareholders with a registered address in New Zealand, Australia or the United Kingdom.

Tim Storey, Chair of Stride, commented that the plan provides shareholders with the opportunity to increase their shareholding in Stride.

Information on the plan, including a copy of the offer document, is being sent to shareholders.

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