VHP
09/05/2014 16:35
DIVIDEND
REL: 1635 HRS Vital Healthcare Property Trust
DIVIDEND: VHP: VHP announces third quarter distribution
VHP third quarter distribution
The Board of Vital Healthcare Management Limited, the manager of Vital
Healthcare Property Trust (the 'Trust'), today announced a third quarter cash
distribution to unitholders for the 2014 financial year of 1.975 cents per
unit. An Appendix 7 notification for the distribution is attached to this
release.
The Trust's distribution for the third quarter, being the period from 1
January to 31 March 2014 of 1.975 cents per unit is made up of:
- fully imputed distribution of 0.8640 cents per unit with imputation credits
of 0.2419 attached; and
- an excluded distribution of 1.3529 cents per unit.
The record date for the distribution will be Thursday 12 June 2014, and the
payment date will be Thursday 26 June 2014.
The Distribution Reinvestment Plan ('DRP') will continue to apply to this
distribution. Pricing for the units to be issued under the DRP will be
determined by reference to the weighted average price of units sold through
NZSX during the period of seven calendar days commencing on the ex date for
the distribution. A discount of 1% from the resulting figure will be applied
in the calculation of the issue price of units allotted to those
participating in the DRP.
Unitholders who wish to elect to participate in the DRP, or have previously
completed an Election Notice in order to participate and who would like to
amend their instructions, have the ability to do so prior to the record date
of 12 June 2014. Completed Election Notices can be sent to the Trust's
registrar - Computershare Investor Services Limited - prior to 5pm on
Thursday 12 June 2014.
The following provides an updated financial position for the Trust as at 31
March 2014:-
(Note - please refer to attachment)
- ENDS -
ENQUIRIES
David Carr, Chief Executive Officer
Vital Healthcare Management Ltd, Telephone 09 973 7301, Email
[email protected]
Stuart Harrison, Chief Financial Officer
Vital Healthcare Management Ltd, Telephone 09 973 7302, Email
[email protected]
About Vital Healthcare Property Trust
With a portfolio value of over NZ$591m, Vital Healthcare Property Trust
(NZSX: VHP) is Australasia's largest listed investor in medical and
healthcare property infrastructure. 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 106 tenants, in 24 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 healthcare real estate interests in
Canada, Australia, New Zealand, Brazil and Germany.
vitalhealthcareproperty.co.nz
End CA:00250300 For:VHP Type:DIVIDEND Time:2014-05-09 16:35:42
