15 September 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 $1.0230.
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 7 September 2022), less a 3.0% discount.
The new shares will be issued on the dividend payment date (being 23 September 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 closed at 12,266.25, gaining 57.2 points or 0.47%.
Goldman Sach analysts have a 12-month target price of A$2.85 ($3.14).
An investment firm bought the stake, which included 116,145 hectares of forestry.
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