Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


VHP third quarter distribution

9 May 2014

VHP third quarter distribution

The Board of Vital Healthcare Management Limited, the manager of Vital Healthcare Property Trust (the ‘Trust’), today announced a third 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 third quarter, being the period from 1 January to 31 March 2014 of 1.975 cents per unit is made up of: _ fully imputed distribution of 0.8640 cents per unit with imputation credits of 0.2419 attached; and _ an excluded distribution of 1.3529 cents per unit.

The record date for the distribution will be Thursday 12 June 2014, and the payment date will be Thursday 26 June 2014.

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 NZSX 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 12 June 2014. Completed Election Notices can be sent to the Trust’s registrar – Computershare Investor Services Limited – prior to 5pm on Thursday 12 June 2014.

Full release with financial position breakdown: 09_05_14__Mar14_qtr_distribution.pdf

© Scoop Media

Business Headlines | Sci-Tech Headlines


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news