Dividend Reinvestment Plan Strike Price
26/03/2025 12:36 NZDT, GENERAL
Dividend Reinvestment Plan Strike Price
Genesis Energy advises that the issue price for shares issued in lieu of cash for the 2025 Interim Dividend under its Dividend Reinvestment Plan (DRP) is NZ$2.0971 per share.
The issue price has been determined, in accordance with the DRP, as the volume weighted average sale price for all Genesis Energy shares sold on the NZX Main Board over a period of five business days starting on 19 March 2025, less a 2.5% discount.
Shareholders who have elected to participate in the DRP, will receive shares, instead of cash, in respect of the dividend payable on 10 April 2025.
The new shares will rank pari passu with existing shares on issue as at the date of their issue.
ENDS
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Cameron Sinclair
GM Investor Relations
M: 0274 273 280
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Estelle Sarney
External Communications Manager
M: 027 269 6383