Dividend Reinvestment Plan strike price

Mercury advises that the price at which shares will be transferred for the FY2024 interim ordinary dividend under the Company’s Dividend Reinvestment Plan (DRP) is NZ$6.6643 per share.

The price has been determined, in accordance with the terms and conditions of the DRP Offer Document, as the average of the daily volume weighted average sale price for a share, calculated on all price setting trades of shares that took place through the NZX Main Board over a period of five trading days starting on 18 March 2024, less a 2.0% discount.

Shareholders who have elected to participate in the DRP will receive shares instead of cash in respect of the FY2024 interim ordinary dividend payable on 2 April 2024.

Attached is an updated Appendix 3A.1 (Notification of Dividend / Distribution) disclosed on the ASX today.

ENDS

Howard Thomas
General Counsel and Company Secretary
Mercury NZ Limited

For investor relations queries, please contact:
Paul Ruediger
Head of Business Performance & Investor Relations
027 517 3470
[email protected]

For media queries, please contact:
Shannon Goldstone
Reputation & Social Impact Lead
027 210 5337
[email protected]

---

Announcement PDF