Issue price for Dividend Reinvestment Plan

Scott Technology Limited (the “Company”) advises that the issue price used to calculate entitlements under the Company’s Dividend Reinvestment Plan (the “DRP”) for the recent interim dividend, has been set at $2.4791 per share (the “DRP Issue Price”), being the volume weighted average sale price for the Company’s shares sold on the NZX Main Board during the period 28 April 2021 to 30 April 2021 (inclusive), less a discount of 1.5%.

The board of the Company has not exercised its discretion to adjust the DRP Issue Price (including to allow for any bonus or dividend expectation or for any exceptional or unusual circumstances).

The additional shares issued under the DRP will be sourced by way of new shares issued by the Company.

Shares issued under the DRP will be allotted on the dividend payment date of 10 May 2021.

Any enquires should be directed to:
Cameron Mathewson, Chief Financial Officer
+64 27 705 6457
[email protected]

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Announcement PDF