Abano Healthcare Group Limited (NZX:ABA) advises that the strike price for
shares issued in lieu of the cash 2016 Final Dividend under its Dividend
Reinvestment Plan (DRP) is $8.09 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 11 August
2016, less a 2.5% discount.
Shareholders representing 40% of shares on issue, who have elected to
participate in the DRP, will receive shares, instead of cash, in respect of
the dividend payable on 22 August 2016.
The new shares will rank pari passu with existing shares on issue as at the
date of their issue.
ENDS
End CA:00287521 For:ABA Type:DRP Time:2016-08-19 09:04:16