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- Release Date: 13/03/12 19:05
- Summary: DRP: VHP: VHP - Strike Price for Distribution Reinvestment Plan
- Price Sensitive: No
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VHP
13/03/2012 17:05
DRP
REL: 1705 HRS Vital Healthcare Property Trust
DRP: VHP: VHP - Strike Price for Distribution Reinvestment Plan
VHP announces strike price for Distribution Reinvestment Plan
Vital Healthcare Property Trust (NZX ticker: VHP) today announced that the
strike price for the Distribution Reinvestment Plan, inclusive of the 1%
discount being offered, is $1.1554 per unit. This is calculated as the
weighted average of the prices at which units in the Trust were sold through
NZX during the period of seven calendar days commencing on the ex date, being
the day that is two business days before the Record Date for the
distribution.
This pricing is effective for the distribution payable on 22 March 2012.
- ENDS -
Enquiries
Stuart Harrison
Company Secretary
Vital Healthcare Management Ltd
Telephone: 09 362 2332
Email: [email protected]
Vital Healthcare Property Trust
With a portfolio value of over NZ$550m, 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:00220655 For:VHP Type:DRP Time:2012-03-13 17:05:05
