VHP
06/09/2012 09:27
DRP
REL: 0927 HRS Vital Healthcare Property Trust
DRP: VHP: VHP - 4th quarter distribution to be underwritten
Vital - 4th quarter distribution to be underwritten
Vital Healthcare Management Limited ("the Manager"), the manager of Vital
Healthcare Property Trust ("Vital") is pleased to announce that the issue of
units under the Distribution Reinvestment Plan ("DRP") for the fourth quarter
distribution, to be paid on 28 September 2012, will be underwritten.
The underwriting agreement is with Forsyth Barr Group Limited and is a
further initiative in Vital's ongoing capital management programme providing
equity for investment and development opportunities. Forsyth Barr's
underwriting commitment, together with elections to participate received to
date from holders, will ensure that the DRP will result in the maximum
available number of units being issued. That number will be known once the
issue price is determined.
Unitholders are reminded that the DRP remains available for this distribution
with a 1% discount being applied when determining the issue price.
Any election to participate or amendment to participation levels for the 4th
quarter distribution is required to be made before 5.00 pm on the record
date, being Friday 7 September 2012.
Notifications of elections or changes should be in writing directly to
Computershare Investor Services Limited via the following:-
- By facsimile on +64 9 488 8787
- By mail, to Computershare Investor Services Limited, Private Bag 92119,
Victoria Street West, Auckland 1142;
Or
- At Computershare Investor Services Limited offices located at Level 2, 159
Hurstmere Road, Takapuna.
Details of the DRP are also available on our website:
www.vitalhealthcareproperty.co.nz/InvestorCentre/DividendReinvestmentPlan.asp
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- ENDS -
ENQUIRIES
Stuart Harrison, Chief Financial Officer
Vital Healthcare Management Ltd, Telephone 09 973 7302, Email
[email protected]
About Vital Healthcare Property Trust
With a portfolio value of over NZ$567m, Vital Healthcare Property Trust
(NZSX: VHP) is New Zealand's largest listed entity investing in medical and
healthcare properties in Australasia. With an expert understanding of the
needs of healthcare tenants on both sides of the Tasman, we actively select,
develop and manage quality properties to meet the growing demand for medical
and healthcare services. Our 124 tenants, in 25 properties, provide essential
healthcare services to thousands of patients while also undertaking research
and providing support services that will make a difference to many more lives
in the future.
The Manager of Vital Healthcare Property Trust, Vital Healthcare Management
Limited is owned by NorthWest Value Partners Inc., a private real estate
investment firm based in Canada with a healthcare real estate interests in
Canada, Australia, New Zealand, Brazil and Germany.
End CA:00226980 For:VHP Type:DRP Time:2012-09-06 09:27:42
