Strike Price for HY14 Dividend Reinvestment Plan
Abano Healthcare Group Limited advises that the strike price for shares issued in lieu of the cash 2014 Interim Dividend under its Dividend Reinvestment Plan (DRP) is $6.21 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 10 January 2014, less a 2.5% discount.
Shareholders who had elected to participate in the DRP will receive shares, instead of cash, in respect of the dividend payable on 24 January 2014.
The new shares will rank pari passu with existing shares on issue as at the date of their issue.