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

 


Distribution Reinvestment Plan price set at $1.1494

17 June 2014

Distribution Reinvestment Plan price set at $1.1494

Kiwi Income Property Trust advises that the price for the Distribution Reinvestment Plan (DRP) operating in respect of the final distribution payable on Thursday, 19 June 2014 is $1.1494 per unit. The price represents a 2% discount to the volume weighted average price of units traded over the 10 business days following and including the ex date.

Approximately 24% of Unit Holders, representing 38% of units on issue, have elected to participate in the DRP. Unit Holders who wish to participate in the DRP for future distributions should notify the Trust’s Registrar, Link Market Services, on 0800 377 388 or, for Australian investors, +64 9 375 5998.

ENDS

© 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:

f work for Pumpkin Patch staff

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:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news