Dividend Reinvestment Plan Strike Price
Genesis Energy advises that the issue price for shares issued in lieu of cash for the 2022 Final Dividend under its Dividend Reinvestment Plan (DRP) is NZ$2.7312 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 22 September 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 7 October 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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