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 $1.48817.
This is the volume weighted average sales price of all PFI shares traded on
the NZX Main Board during the five trading days immediately following the Ex
Date (being 11 November 2016), less a 2.0% discount.
The new shares will be issued on the dividend payment date (being 23 November
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:00292926 For:PFI Type:DRP Time:2016-11-18 12:09:24