Dividend Reinvestment Plan – Strike Price
Abano Healthcare Group Limited advises that the strike price for shares issued in lieu of the cash 2012 interim dividend under its Dividend Reinvestment Plan (DRP) is $4.04 per share.
The issue price has been determined, in accordance with the DRP, as the volume weighted average sale price for all Abano shares sold on the NZX over the five trading days immediately following the record date of 12 January 2012, less a 2.5% discount.
Shareholders who had elected to participate in the DRP will receive additional shares, instead of cash, in respect of the dividend payable on 27 January 2012.
The new shares will rank pari passu with existing shares.