Dividend reinvestment plan strike price

GENERAL

Wed, Sep 14 2022 08:50 am

Meridian Energy Limited advises that the price at which shares will be issued for the 2022 Final Ordinary Dividend under the Company’s Dividend Reinvestment Plan (DRP) is NZ$4.9791 per share.

The issue price has been determined, in accordance with the DRP, as the volume weighted average sale price for a share, calculated on all sales of shares which took place through the NZX Main Board over a period of five business days starting on 7 September 2022.

Shareholders who have elected to participate in the DRP, will receive shares, instead of cash, in respect of the 2022 Final Ordinary Dividend on 23 September 2022.