Thursday 27th March 2025 |
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Auckland International Airport Limited (Auckland Airport) advises that the strike price for the Dividend Reinvestment Plan (DRP) operating in respect of the dividend payable on 4 April 2025 has been set at NZ $7.6894 per share. The strike price is inclusive of a 2.5% discount.
The strike price will apply in calculating the number of shares to be issued to participants who have elected under the DRP to receive additional shares rather than cash. The strike price has been determined in accordance with the terms of the DRP and is calculated at 97.5% of the volume weighted average sale price of Auckland Airport shares sold on the NZX Main Board over a period of five business days starting 20 March 2025.
The company also advises that the foreign exchange rate used for the payment of the dividend on 4 April 2025 to Australian investors in AUD has been set at 0.9099. The company attaches an updated ASX Appendix 3A.1 Notification of Dividend/Distribution released to the ASX.
ENDS
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