VHP
15/11/2013 15:35
QUARTER
REL: 1535 HRS Vital Healthcare Property Trust
QUARTER: VHP: VHP announces first quarter distribution
VHP first quarter distribution
The Board of Vital Healthcare Management Limited, the manager of Vital
Healthcare Property Trust (the 'Trust'), today announced a first quarter cash
distribution to unitholders for the 2014 financial year of 1.975 cents per
unit. An Appendix 7 notification for the distribution is attached to this
release.
The Trust's distribution for the first quarter, being the period from 1 July
to 30 September 2013 of 1.975 cents per unit is made up of:
? fully imputed distribution of 0.1714 cents per unit with imputation credits
of 0.0480 attached; and
? an excluded distribution of 1.8516 cents per unit.
The record date for the distribution will be Wednesday 4 December 2013, and
the payment date will be Wednesday 18 December 2013.
The Distribution Reinvestment Plan ('DRP') will continue to apply to this
distribution. Pricing for the units to be issued under the DRP will be
determined by reference to the weighted average price of units sold through
NZX during the period of seven calendar days commencing on the ex date for
the distribution. A discount of 1% from the resulting figure will be applied
in the calculation of the issue price of units allotted to those
participating in the DRP.
Unitholders who wish to elect to participate in the DRP, or have previously
completed an Election Notice in order to participate and who would like to
amend their instructions, have the ability to do so prior to the record date
of 4 December 2013. Completed Election Notices can be sent to the Trust's
registrar - Computershare Investor Services Limited - prior to 5pm on
Wednesday 4 December 2013.
The following provides an updated financial position for the Trust as at 30
September 2013:-
(Note - please refer to attachment)
- ENDS -
ENQUIRIES
David Carr, Chief Executive Officer
Vital Healthcare Management Ltd, Telephone 09 973 7301, Email
[email protected]
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$608m, Vital Healthcare Property Trust
(NZSX: VHP) is Australasia's largest listed investor in medical and
healthcare property infrastructure. 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 106 tenants, in 24 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 healthcare real estate interests in
Canada, Australia, New Zealand, Brazil and Germany.
vitalhealthcareproperty.co.nz
End CA:00243877 For:VHP Type:QUARTER Time:2013-11-15 15:35:11
