Friday, 29 March 2024

Announcement

DRP: PFI: DRS - Share Price Determined

29 Aug 2016 10:49NZX
DIVIDEND REINVESTMENT SCHEME - SHARE PRICE DETERMINED

Property for Industry Limited (PFI) advises that the share price used to
calculate entitlements under the Dividend Reinvestment Scheme (the DRS) has
been set at $1.64212.

This is the volume weighted average sales price of all PFI shares traded on
the NZX Main Board during the five business days immediately following the Ex
Date (being 22 August 2016), less a 2.0% discount.

The new shares will be issued on the dividend payment date (being 1 September
2016) to those shareholders who have elected to participate in the DRS.

Contact
For further information please contact:

Craig Peirce
Chief Financial Officer and Company Secretary
Phone: +64 9 303 9651
Email: peirce@propertyforindustry.co.nz

About PFI
PFI is New Zealand''s only listed company specialising in industrial property.
PFI''s portfolio of 84 industrial properties in Auckland, Hamilton, Mount
Maunganui, Wellington and Christchurch, is leased to 142 tenants.

www.propertyforindustry.co.nz
End CA:00288061 For:PFI    Type:DRP        Time:2016-08-29 10:49:57
Views: 112
Property For Industry Ordinary Shares
 1.640 Change:
0.01
0.30%
 
Open:1.645 
High:1.645 
Low:1.645 
Volume:250 
Last Traded:07/02/18 09:09:05 
Bid:1.640 
Ask:1.640 
52-Wk High:1.710 
52-Wk Low:1.575