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

 

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Scoop Business: Productivity Commission To Look At Housing Land Supply

The Productivity Commission is to expand on its housing affordability report with an investigation into improving land supply and development capacity, particularly in areas with strong population growth. More>>

ALSO:

Forestry: Man Charged After 2013 Death

Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd who was killed during a tree felling operation on 19 December 2013. More>>

ALSO:

Smells Like Justice: Dairy Company Fined Over Odour

Dairy company fined over odour Dairy supply company Open Country Dairy Limited has been convicted and fined more than $35,000 for discharging objectionable odour from its Waharoa factory at the time of last year’s ”spring flush” when milk supply was high. More>>

Scoop Business: Dairy Product Prices Decline To Lowest Since July 2012

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More>>

ALSO:

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news