DRP Strike Price and AUD FX Rate for 2025 Interim Dividend

OFFER

Fri, Sep 19 2025 08:30 am

Summerset Group Holdings Limited advises that the strike price for the dividend reinvestment plan (DRP) operating in respect to the dividend payable on 24 September 2025 has been set at NZ$10.7323 per share. The strike price is inclusive of a 2% discount.

This strike price will apply in calculating the number of shares to be issued to participants who have elected 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 98% of the volume weighted average sale price on all price-setting trades for the five trading days to 18 September 2025 (inclusive).

The company also advises that the foreign exchange rate used for the payment of the dividend on 24 September 2025 to Australian investors in AUD has been set at 0.89815, being the Reserve Bank of New Zealand Daily Exchange Mid-Rate on the Record Date.

ENDS

For enquiries:
Robyn Heyman
Company Secretary
[email protected]
027 506 5562