Announcement
SECISSUE: KPG: Allotment of securities
03:11pm
KPG
19/12/2018 15:10
SECISSUE
PRICE SENSITIVE
REL: 1510 HRS Kiwi Property Group Limited
SECISSUE: KPG: Allotment of securities
Pursuant to Listing Rule 7.12.1, Kiwi Property Group Limited gives notice as
follows:
(a) Class of security and ISIN: Fully paid ordinary shares. The ISIN is
NZKPGE0001S9
(b) Number of securities issued: 3,409,768
(c) Issue price: $1.3642
(d) Payment: Cash
(e) Amount paid up: Fully paid
(f) The principal terms of the securities (other than for quoted securities):
Not applicable as quoted securities
(g) % of the total class of securities issued: 0.238% of the shares on issue
(including these new shares)
(h) Reason for issue: The shares were issued pursuant to the Dividend
Reinvestment Plan in respect of the interim dividend for the six month period
ended 30 September 2018 of 3.475 cents per share, payable 19 December 2018
(i) Specific authority for issue: Dividend Reinvestment Plan terms and Board
resolutions dated 16 November 2018
(j) Terms or details of issue: The terms or details of the issue are
contained in the Dividend Reinvestment Plan terms dated 22 December 2014 (as
amended on 8 September 2017)
(k) Total number of securities of the class in existence after the issue:
1,432,819,563
(l) Treasury stock acquisition: Not applicable
(m) Date of issue: 19 December 2018
> Ends
Contact us for further information
Stuart Tabuteau
Chief Financial Officer
stuart.tabuteau@kp.co.nz
+64 9 359 4025
About us
Kiwi Property (NZX: KPG) is the largest listed property company on the New
Zealand Stock Exchange and is a member of the S&P/NZX 15 Index. We've been
around for nearly two and a half decades and we proudly own and manage a $3.0
billion portfolio of real estate, comprising some of New Zealand's best
shopping centres and prime office buildings. Our objective is to provide
investors with a reliable investment in New Zealand property through the
ownership and active management of a diversified, high-quality portfolio.
S&P Global Ratings has assigned Kiwi Property a corporate credit rating of
BBB (stable) and an issue credit rating of BBB+ for each of its fixed rate
senior secured bonds. Kiwi Property is the highest rated New Zealand company
within CDP (Carbon Disclosure Project) and is a member of FTSE4 Good, a
series of benchmark and tradable indexes for ESG (Environmental, Social and
Governance) investors. Kiwi Property is licensed under the Real Estate Agents
Act 2008. To find out more, visit our website kp.co.nz
End CA:00328679 For:KPG Type:SECISSUE Time:2018-12-19 15:11:00
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