Dividend Reinvestment Plan Strike Price

Genesis Energy advises that the issue price for shares issued in lieu of cash for the 2023 Final Dividend under its Dividend Reinvestment Plan (DRP) is NZ$2.3611 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 21 September 2023, 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 6 October 2023.

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 and Media
M: 027 246 1221

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Announcement PDF