Dividend Reinvestment Plan strike price

GENERAL
Mon, Mar 17 2025 01:17 pm

Mercury advises that the price at which shares will be transferred for the FY2025 interim ordinary dividend under the Company’s Dividend Reinvestment Plan (DRP) is NZ$5.6229 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 10 March 2025, less a 2.0% discount.

Shareholders who have elected to participate in the DRP will receive shares instead of cash in respect of the FY2025 interim ordinary dividend payable on 1 April 2025.

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 inquiries, please contact:
Shannon Goldstone
Reputation and Social Impact Lead
027 210 5337
[email protected]


Announcement PDF


Markets News

NZ sharemarket braces for Trump's 'Liberation Day'
Markets Market Close

NZ sharemarket braces for Trump's 'Liberation Day'

The S&P/NZX 50 Index closed at 12,320.19, up 7.59 points or 0.062%.

Economy

Westpac Bank’s Eckhold says April cut likely wrong move

Economists are widely expecting a 25 bps rate cut next week. 

Westpac Bank’s Eckhold says April cut likely wrong move
Primary Sector

The simple strategy behind Dairyworks

Is New Zealand still fixated on the 1kg block of cheese?

The simple strategy behind Dairyworks