SUM
11/06/2014 12:35
DRP
REL: 1235 HRS Summerset Group Holdings Limited
DRP: SUM: Changes to Dividend Reinvestment Plan
NZX AND ASX RELEASE
11 JUNE 2014
CHANGES TO DIVIDEND REINVESTMENT PLAN
Summerset Group Holdings Limited ("Summerset") has amended the terms of its
Dividend Reinvestment Plan ("DRP"), which apply from 5 June 2014.
The changes reflect a recent change to the timetable required for dividend
reinvestment plans under the ASX Listing Rules, extending the time at which
shareholders can elect whether to participate in the DRP up until 5.00pm on
the next trading day after the record date for any applicable dividend.
Other minor changes have been made, including:
- deleting references to the Financial Reporting Act 1993 and updating the
document to refer to the NZX Main Board Listing Rules;
- noting where Summerset's current dividend policy can be found (instead of
including the dividend policy in full); and
- allowing Summerset to make modifications to, or terminate, the plan if
required by law or the listing rules of any exchange on which Summerset is
listed, or to make minor technical changes to the plan, without providing
notice to shareholders.
The amended DRP Offer Document is attached and is also available on the
dividend page of Summerset's investor centre at www.summerset.co.nz.
Current participants in the DRP do not need to do anything as a result of
these amendments.
ENDS
For enquiries:
Leanne Walker
Company Secretary
[email protected]
04 894 7361 or 029 894 7361
End CA:00251453 For:SUM Type:DRP Time:2014-06-11 12:35:05
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