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- Release Date: 27/11/12 12:03
- Summary: DRP: VHP: Vital - first quarter distribution to be underwritten***
- Price Sensitive: No
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VHP
27/11/2012 10:03
DRP
REL: 1003 HRS Vital Healthcare Property Trust
DRP: VHP: Vital - first 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 first quarter
distribution, to be paid on 17 December 2012, will be underwritten.
The underwriting agreement is with Forsyth Barr Group Limited ('Forsyth
Barr') and continues Vital's ongoing capital management programme providing
equity for investment and development opportunities. Forsyth Barr's
underwriting commitment, together with elections to participate received by
the record date from unitholders, 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 to unitholders 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 first quarter's distribution is required to be made by 5 pm on the record
date, being Monday 3 December 2012.
Notifications of elections or changes should be made 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, Auckland 0622.
Details of the DRP are also available on our website -
http://www.vitalhealthcareproperty.co.nz/distribution-reinvestment-plan
***Amendement to Details of the DPR link to our website
- ENDS -
ENQUIRIES
Stuart Harrison, Chief Financial Officer
Vital Healthcare Management Ltd, Telephone 09 973 7302, Email
[email protected]
End CA:00230265 For:VHP Type:DRP Time:2012-11-27 10:03:45
