- Release Date: 13/03/12 19:05
- Summary: DRP: VHP: VHP - Strike Price for Distribution Reinvestment Plan
- Price Sensitive: No
- Download Document 1.83KB
VHP 13/03/2012 17:05 DRP REL: 1705 HRS Vital Healthcare Property Trust DRP: VHP: VHP - Strike Price for Distribution Reinvestment Plan VHP announces strike price for Distribution Reinvestment Plan Vital Healthcare Property Trust (NZX ticker: VHP) today announced that the strike price for the Distribution Reinvestment Plan, inclusive of the 1% discount being offered, is $1.1554 per unit. This is calculated as the weighted average of the prices at which units in the Trust were sold through NZX during the period of seven calendar days commencing on the ex date, being the day that is two business days before the Record Date for the distribution. This pricing is effective for the distribution payable on 22 March 2012. - ENDS - Enquiries Stuart Harrison Company Secretary Vital Healthcare Management Ltd Telephone: 09 362 2332 Email: [email protected] Vital Healthcare Property Trust With a portfolio value of over NZ$550m, Vital Healthcare Property Trust (NZSX: VHP) is New Zealand's largest listed entity investing in medical and healthcare properties in Australasia. With an expert understanding of the needs of healthcare tenants on both sides of the Tasman, we actively select, develop and manage quality properties to meet the growing demand for medical and healthcare services. Our 124 tenants, in 25 properties, provide essential healthcare services to thousands of patients while also undertaking research and providing support services that will make a difference to many more lives in the future. The Manager of Vital Healthcare Property Trust, Vital Healthcare Management Limited is owned by NorthWest Value Partners Inc., a private real estate investment firm based in Canada with a healthcare real estate interests in Canada, Australia, New Zealand, Brazil and Germany. End CA:00220655 For:VHP Type:DRP Time:2012-03-13 17:05:05
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