ABA 0.00% $5.15 abano healthcare group limited

Ann: DRP: ABA: Abano DRP Strike Price for FY16 Interim Dividend

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    • Release Date: 19/01/16 13:25
    • Summary: DRP: ABA: Abano DRP Strike Price for FY16 Interim Dividend
    • Price Sensitive: No
    • Download Document  959B
    					ABA
    19/01/2016 13:25
    DRP
    NOT PRICE SENSITIVE
    REL: 1325 HRS Abano Healthcare Group Limited
    
    DRP: ABA: Abano DRP Strike Price for FY16 Interim Dividend
    
    Abano Healthcare Group Limited (NZX:ABA) advises that the strike price for
    shares issued in lieu of the cash 2016 Interim Dividend under its Dividend
    Reinvestment Plan (DRP) is $6.89 per share.
    
    The issue price has been determined, in accordance with the DRP, as the
    volume weighted average sale price for all Abano shares sold on the NZX over
    the five trading days immediately following the record date of 11 January
    2016, less a 2.5% discount.
    
    Shareholders representing 49.8% of shares on issue, who have elected to
    participate in the DRP, will receive shares, instead of cash, in respect of
    the dividend payable on 22 January 2016.
    
    The new shares will rank pari passu with existing shares on issue as at the
    date of their issue.
    
    ENDS
    End CA:00276557 For:ABA    Type:DRP        Time:2016-01-19 13:25:02
    				
 
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