Dividend Reinvestment Plan Strike Price
15/09/2025 11:35 NZST, CORPACT
Channel Infrastructure advises that the Strike Price used to calculate entitlements under the Company’s Dividend Reinvestment Plan (DRP) in respect of the 2025 interim ordinary dividend has been set at NZ$2.2995 per share.
In accordance with the terms and conditions of the DRP, the Strike Price is the volume weighted average sale price in New Zealand dollars (expressed in cents and fractions of cents) for an ordinary share in Channel Infrastructure calculated on all price setting trades of shares that took place through the NZX Main Board over a period of five trading days starting on Monday 8 September 2025, less a 1% discount.
Channel Infrastructure’s 2025 interim ordinary dividend is payable on 24 September 2025, and shareholders who have elected to participate in the DRP will receive new Channel Infrastructure shares instead of a cash dividend in respect of their participating shares in the DRP.
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Authorised by:
Chris Bougen
General Counsel and Company Secretary
Investor Relations contact:
Anna Bonney
investorrelations@channelnz.com
Media contact:
Laura Malcolm
communications@channelnz.com