- Release Date: 16/06/14 11:43
- Summary: DIVIDEND: DOW: Works Finance (NZ) Limited ROADS Rate Reset
- Price Sensitive: No
- Download Document 1.41KB
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
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- Ann: DIVIDEND: DOW: Works Finance (NZ) Limited ROADS Rate Reset
Ann: DIVIDEND: DOW: Works Finance (NZ) Limited ROADS Rate Reset
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