Seeka Limited (NZX: SEK) Advises the DRP Strike Price

Seeka Limited advises that the strike price for shares to be issued under the Dividend Reinvestment Plan applying to the Dividend to be paid on 27 January 2021 is $4.7124 per share.

The strike price was calculated on the basis of the volume weighted average sale price for all SEK shares sold on the NZX over the period 23 December 2020 to 18 January 2021, less a 2.0% discount.

Shareholders who have elected to participate in the Dividend Reinvestment Plan will receive shares instead of cash in respect of the dividend to be paid on 27 January 2021.

The new shares will rank pari passu with existing shares on issue as at the date of their issue.

See the link below for more details:

DRP Strike Price - 27 Jan 2021

Source: Seeka Limited

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