17 March 2022
DIVIDEND REINVESTMENT PLAN PRICE DETERMINED
Marlin Global Limited (Marlin) advises that the share price used to calculate entitlements under the Dividend Reinvestment Plan (the DRP) has been set at $1.1561.
This is the volume weighted average price of all Marlin shares traded on the NZX Main Board during the five trading days from and including the ex-dividend date (being 9 March 2022), less a 3.0% discount.
The new shares will be issued on the dividend payment date (being 25 March 2022) to those shareholders who have elected to participate in the DRP.
Ends
Contact
Corporate Manager
Marlin Global Limited
Tel +64 9 484 0365
The S&P/NZX 50 Index is down 1.5% since the beginning of the year.
Pacific Edge is on a trading halt until Monday.
The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.
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