VHP strike price for Distribution Reinvestment Plan
10 March 2014
VHP announces strike price for the second quarter Distribution Reinvestment Plan
Vital Healthcare Property Trust (NZSX ticker: VHP) today announced the strike price for the second quarter of the 2014 financial year Distribution Reinvestment Plan, inclusive of the 1% discount being offered, is $1.2866 per unit.
This is calculated as the weighted average of the prices at which units in the Trust were sold through NZSX 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 18 March 2014.
Healthcare Property Trust
With a portfolio value of over NZ$595 million, 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 105 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.