Issue Price for Dividend Reinvestment Plan

Issue price for Dividend Reinvestment Plan

Scott Technology Limited (the “Company”) advises that the issue price used to calculate entitlements under the Company’s Dividend Reinvestment Plan (the “DRP”) for the recent interim dividend, has been set at $2.3939 per share (the “DRP Issue Price”). The DRP Issue Price was calculated based on the volume weighted average sale price for the Company’s shares sold on the NZX Main Board during the period 2 – 6 May 2024 (inclusive) less a discount of 1.0%.

The board of the Company has not exercised its discretion to adjust the DRP Issue Price (including to allow for any bonus or dividend expectation or for any exceptional or unusual circumstances).

The additional shares issued under the DRP will be sourced by way of new shares issued by the Company.

Shares issued under the DRP will be allotted on the dividend payment date of 15 May 2024.

Any enquires should be directed to:

Mark O’Malley
Co-Chief Financial Officer
+64 27 301 5936
[email protected]


ENDS

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Announcement PDF