Dividend reinvestment plan strike price

13/03/2025 09:14 NZDT, GENERAL

Meridian Energy Limited advises that the price at which shares will be issued for the 2025 Interim Ordinary Dividend under the Company’s Dividend Reinvestment Plan (DRP) is NZ$5.3695 per share.

The issue price has been determined, in accordance with the DRP, as the volume weighted average sale price for a share, calculated on all sales of shares which took place through the NZX Main Board over a period of five business days starting on 6 March 2025, less a 2% discount.

Shareholders who have elected to participate in the DRP, will receive shares, instead of cash, in respect of the 2025 Interim Ordinary Dividend on 25 March 2025.