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- Release Date: 25/06/12 18:30
- Summary: DRP: TWR: Issue price for DRP and exchange rate
- Price Sensitive: No
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TWR
25/06/2012 16:30
DRP
REL: 1630 HRS Tower Limited
DRP: TWR: Issue price for DRP and exchange rate
Issue price for Dividend Reinvestment Plan and exchange rate for AUD
TOWER Limited advises in relation to the interim unimputed dividend of 5
cents per share, payable on 2 July 2012 that:
o The issue price of shares to be issued to participants in TOWER's Dividend
Reinvestment Plan is NZ$1.53 per share, being 97.5% of the weighted average
sale price of TOWER's shares on the NZSX on the five trading days following
the record date of 15 June 2012.
o The NZD: AUD exchange rate on the record date, which will be used to
calculate the cash dividend payable in AUD to shareholders on the company's
Australian register, was 0.7822
Ends
Bronwyn Walsh
Company Secretary & Compliance Manager
TOWER Limited
ARBN 088 481 234 Incorporated in New Zealand
End CA:00224254 For:TWR Type:DRP Time:2012-06-25 16:30:11
