Sept 24 (Reuters) - APN Property Group Ltd (APD) :
- RECEIVED A DRAFT CLASS RULING FROM AUSTRALIAN TAXATION OFFICE IN RELATION TO ITS STAPLING PROPOSAL
- EXPECTS ABOUT 60% OF FY2020 STAPLED SECURITY DISTRIBUTION TO COMPRISE A DIVIDEND WHICH WILL LIKELY BE FULLY FRANKED.
- IN THE EVENT STAPLING PROPOSAL IS APPROVED, CO TO INCREASE GROUP'S FY2020 GUIDANCE TO DIVIDEND OF 3.15 CENTS PER STAPLED SECURITY