DOW
16/06/2014 11:43
DIVIDEND
REL: 1143 HRS Downer EDI Limited
DIVIDEND: DOW: Works Finance (NZ) Limited ROADS Rate Reset
Media/ASX and NZX Release
16 June 2014
WORKS FINANCE (NZ) LIMITED ROADS RATE SET
Downer EDI Limited and Works Finance (NZ) Limited (previously known as Works
Infrastructure Finance (NZ) Limited) wish to advise that in accordance with
the terms of the
ROADS preference shares, the Dividend Rate on the ROADS preference shares for
the period 15 June 2014 to the next reset date, being 15 June 2015, is 7.95%
per annum payable quarterly in arrears. This figure is equal to the One Year
Swap Rate on 16 June 2014, plus the Step-up Margin of 4.05% per annum.
It is the intention that Dividends will continue to be fully imputed.
Holders are not required to undertake any action.
Should you require any further information regarding the above please refer
to the Prospectus, your financial or professional advisor or your nominated
NZX firm.
For further information please contact:
Luke Thrum, Manager Investor Relations +61 459 828720
Downer EDI Limited (www.downergroup.com) provides comprehensive engineering
and infrastructure management services to the public and private Minerals &
Metals, Oil & Gas, Power, Transport Infrastructure, Telecommunications, Water
and Property sectors across Australia, New Zealand and the Asia Pacific
region.
End CA:00251624 For:DOW Type:DIVIDEND Time:2014-06-16 11:43:21
(20min delay)