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

 

Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

ALSO:

Media: TVNZ Flags Job Cuts To Arrest Profit Decline

Chief executive Kevin Kenrick said the changes were aimed at creating "a sustainable future video content business for TVNZ in an ever-changing media market." More>>

ALSO:

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

Retail: Pumpkin Patch Brand, IP Sold To Catch Group

The receivers of failed children's clothing retailer Pumpkin Patch have confirmed that the company's brand and intellectual property have been sold to Australian online retailer Catch Group. More>>

ALSO:

Oil: 2017 Block Offer Petroleum Tender Launched

New Zealand is well-placed to take advantage of the economic benefits of oil and gas exploration, Energy and Resources Minister Judith Collins announced today at the launch of the 2017 Block Offer petroleum tender. More>>

ALSO:

OECD And Zero Carbon Reports: Environmental Pressures Rising In New Zealand

New Zealanders enjoy a high environmental quality of life and access to pristine wilderness. However, New Zealand’s growth model, based largely on exploiting natural resources, is starting to show its environmental limits with increasing greenhouse gas emissions and water pollution ... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news