Dividend Reinvestment Plan Strike Price

Dividend Reinvestment Plan Strike Price

Genesis Energy Limited (NZX: GNE) advises that the issue price for shares issued in lieu of cash for the 2022 Interim Dividend under its Dividend Reinvestment Plan (DRP) is NZ$2.7738 per share.

The issue price has been determined, in accordance with the DRP, as the volume weighted average sale price for all Genesis Energy shares sold on the NZX Main Board over a period of five business days starting on 17 March 2022, less a 2.5% discount.

Shareholders who have elected to participate in the DRP, will receive shares, instead of cash, in respect of the dividend payable on 1 April 2022.

The new shares will rank pari passu with existing shares on issue as at the date of their issue.


ENDS

For investor relations enquiries, please contact:
Tim McSweeney
GM Investor Relations & Market Risk
M: 027 200 5548

For media enquiries, please contact:
Chris Mirams
GM Communications & Media
M: 027 246 1221

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