Market Release | 28 March 2024
AIA – DRP Strike Price and AUD FX rate for 1H24 interim dividend
Auckland International Airport Limited advises that the strike price for the Dividend Reinvestment Plan (DRP) operating in respect of the dividend payable on 5 April 2024 has been set at NZ $8.0401 per share. The strike price is inclusive of a 2.5% discount.
The strike price will apply in calculating the number of shares to be issued to participants who have elected under the DRP to receive additional shares rather than cash. The strike price has been determined in accordance with the terms of the DRP and is calculated as 97.5% of the volume weighted average sale price of Auckland Airport shares sold on the NZX Main Board over a period of five business days starting on 21 March 2024.
The company also advises that the foreign exchange rate used for the payment of the dividend on 5 April 2024 to Australian investors in AUD has been set at 0.91926. The company attaches an updated ASX Appendix 3A.1 Notification of Dividend /Distribution released to the ASX.
ENDS
For further information please contact:
Investors:
Chief Financial Officer (Acting)
Stewart Reynolds
+64 27 511 9632
[email protected]
Media:
Head of Communications and External Relations
Libby Middlebrook
+64 21 989 908
[email protected]
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