Dividend Reinvestment Plan Strike Price

Company Announcement

18 March 2024

Dividend Reinvestment Plan Strike Price
Turners Automotive Group Limited (NZX, ASX; TRA) wishes to advise that the strike price for the Dividend Reinvestment Plan (DRP), operating in respect of the dividend payable on 27 March 2024, has been set at NZ$4.60 per share.

The strike price has been determined in accordance with the Turners DRP terms, as the volume weighted average sale price in New Zealand for TRA shares, calculated on all trades of TRA shares which took place through the NZX Main Board over the period of five trading days starting on 11 March 2024 less a 2% discount.

About Turners

Turners Automotive Group Limited, a NZX Top 50 company, is an integrated financial services group, primarily operating in the automotive sector www.turnersautogroup.co.nz

For further information, please contact:

Todd Hunter, Chief Executive Officer, Turners Automotive Group Limited, Mob: 021 722 818

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Announcement PDF