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- Release Date: 11/04/14 10:49
- Summary: DRP: MET: Dividend Reinvestment Plan - Share Price Determined
- Price Sensitive: No
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MET
11/04/2014 08:49
DRP
REL: 0849 HRS Metlifecare Limited
DRP: MET: Dividend Reinvestment Plan - Share Price Determined
11 April 2014
Media Release
DIVIDEND REINVESTMENT PLAN - SHARE 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 $3.91.
This is the volume weighted average price of Metlifecare shares traded on the
NZX Main Board during the period of five business days immediately following
the record date (3 April 2014), less the 2.5% discount applied for the
purposes of the DRP.
The new shares will be issued on the dividend payment date, 17 April 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:00249388 For:MET Type:DRP Time:2014-04-11 08:49:41
