Dividend Reinvestment Plan Strike Price
ADMIN
Thu, Mar 17 2022 03:48 pm
17 March 2022
Dividend Reinvestment Plan Strike Price
New Zealand Rural Land Company Limited (NZX.NZL) advises that the price at which shares will be issued for the FY22
interim dividend under NZL’s Dividend Reinvestment Plan (DRP) is $1.1832 per share (Strike Price).
The Strike Price has been determined, in accordance with the DRP offer document, as the volume-weighted average market
price in New Zealand dollars for a Share, calculated on all sales of shares which took place through the NZX Market over a
period of ten (10) trading days commencing on 3 March 2022.
Shareholders who have elected to participate in the DRP will receive shares, instead of cash, on their Participating Shares in
respect of the FY22 interim dividend on 18 March 2022.
ENDS
For further information please contact:
Christopher Swasbrook
Director
Mobile: 021 928 262
Email: [email protected]
Announcement PDF
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