MET
13/10/2014 08:39
DRP
REL: 0839 HRS Metlifecare Limited
DRP: MET: Dividend Reinvestment Plan - Price Determined
13 October 2014
Media Release
DIVIDEND REINVESTMENT PLAN - PRICE DETERMINED
The share price used to calculate entitlements under the Metlifecare Limited
(NZX: MET, ASX: MEQ) Dividend Reinvestment Plan (DRP) has been set at
NZ$4.39.
This is the volume weighted average price of Metlifecare's shares traded on
the NZX Main Board during the five business days immediately following the
record date (3 October 2014), less the 2.5% discount applied for the purposes
of the DRP.
The DRP participation rate is 66.5% of all issued shares. The new shares will
be issued on the dividend payment date, 17 October 2014, to those
shareholders who have elected to participate in the DRP.
ENDS
For more information, please contact:
Alan Edwards
Chief Executive Officer
Tel: +64 9 539 8000
About Metlifecare
Metlifecare is a publicly-listed aged care and retirement lifestyle company.
Established in 1984, the company has a proven track record of successfully
owning and managing retirement villages in New Zealand. Metlifecare currently
owns villages in prime locations throughout the North Island of New Zealand,
with most providing a full continuum of care from independent villas and
apartments through to serviced apartments, rest homes and hospitals.
www.metlifecare.co.nz
End CA:00256335 For:MET Type:DRP Time:2014-10-13 08:39:17
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