Steel & Tube - DRP Strike Price

GENERAL

Mon, Sep 16 2024 08:30 am

DIVIDEND REINVESTMENT PLAN – STRIKE PRICE

The price at which shares will be allotted under Steel & Tube Holdings Limited’s (STU) Dividend Reinvestment Plan (DRP) for the FY24 full year dividend is NZ$0.9470 per share. The shares will be issued on 27 September 2024.

The strike price was set based on the STU DRP terms, as the volume weighted average sale price of price setting trades of STU on the NZX Main Board taking place over a period of seven trading days commencing on 5 September 2024.

ENDS

For media or investor enquiries, please contact: Jackie Ellis Tel: +64 27 246 2505 or email: [email protected]

For further information please contact:

Mark Malpass
Steel & Tube CEO
Tel: +64 27 777 0327
Email: [email protected]

Richard Smyth
Steel & Tube CFO
Tel: +64 21 646 822
Email: [email protected]