Abano Dividend Reinvestment Plan
Abano Healthcare Group Limited (NZSX:ABA) is pleased to offer its shareholders in New Zealand and Australia the option to participate in a dividend reinvestment plan (DRP).
The DRP will allow eligible shareholders to elect to reinvest all or part of the cash component of their dividends in additional Abano shares. The issue price to be used in calculating the number of shares applicable will be based on the volume weighted average sale price (VWAP) of Abano shares over the five trading days immediately following the dividend record date, less any discount which the Board, in its discretion, determines from time to time.
The full terms and conditions of the DRP are set out in the Dividend Reinvestment Plan Offer Document that is planned to be despatched to eligible shareholders with the 2009 Notice of Annual Meeting.