Dividend Reinvestment Plan Issue Price Set

Stride Property Group (comprising Stride Investment Management Limited and Stride Property Limited) (SPG), advises that the issue price for stapled securities under the SPG Dividend Reinvestment Plan (DRP) operating in respect of the dividend payable on 18 September 2023 has been set at $1.35840400 per share.

The issue price reflects a 2% discount to the volume weighted average price on all sales of SPG stapled securities during the five trading days commencing on the ex-date (being 30 August 2023).


Ends

For further information please contact:

Tim Storey, Chairman, Stride Investment Management Limited / Stride Property Limited
Mobile: 021 633 089 - Email: [email protected]

Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited
Mobile: 021 230 3026 - Email: [email protected]

Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited
Mobile: 021 536 406 - Email: [email protected]

Louise Hill, General Manager Corporate Services, Stride Investment Management Limited
Mobile: 0275 580 033 - Email: [email protected]

A Stapled Security of the Stride Property Group comprises one ordinary share in Stride Property Limited and one ordinary share in Stride Investment Management Limited. Under the terms of the constitution of each company, the shares in each can only be transferred if accompanied by a transfer of the same number of shares in the other. Stapled Securities are quoted on the NZX Main Board under the ticker code SPG. Further information is available at www.strideproperty.co.nz or at www.nzx.com/companies/SPG.

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Announcement PDF