FCG
13/10/2015 08:37
DRP
NOT PRICE SENSITIVE
REL: 0837 HRS Fonterra Co-operative Group Limited
DRP: FCG: Notice of Strike Price for Distribution Reinvestment Plan
NOTICE OF STRIKE PRICE FOR DISTRIBUTION REINVESTMENT PLAN
Fonterra Co-operative Group Limited has advised that the strike price for the
shares issued under the dividend reinvestment plan (DRP) operating in respect
of the 2015 final dividend payable on 20 October 2015 has been set at NZD
$5.168 per share and confirmed that it is aware of no material adverse
information at this time.
This strike price will apply in calculating the number of shares to be issued
to participants who have elected to receive additional shares rather than
cash.
The strike price has been determined in accordance with the terms of the DRP
and is calculated inclusive of a 2.5% discount to the average of the
individual daily volume weighted average sale prices on all price-setting
trades of units in the Fonterra Shareholders' Fund for the five trading day
period from 6 October 2015 to 12 October 2015.
Correspondingly, under the terms of the Fonterra Shareholders' Fund
distribution reinvestment plan, FSF Management Company Ltd advises that the
same strike price of NZD $5.168 per unit has been set for the units issued
under the distribution reinvestment plan operating in respect of the 2015
final distribution payable on 20 October 2015.
Mike Cronin
Company Secretary - Fonterra Shareholders' Fund
FSF Management Company Ltd (Australian Registered Business Number 190 539
935, incorporated in New Zealand) is the Manager of the Fonterra
Shareholders' Fund
-ENDS-
For further information contact:
Simon Till
Director Capital Markets
Phone: +64 21 777 807
End CA:00271623 For:FCG Type:DRP Time:2015-10-13 08:37:37
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