Announcement

CORPACT: TLL: Strike Price for Dividend Reinvestment Plan 10:08a.m. 
TLL  
23/09/2019 10:08  
CORPACT  
NOT PRICE SENSITIVE  
REL: 1008 HRS TIL Logistics Group Limited  
 
CORPACT: TLL: Strike Price for Dividend Reinvestment Plan  
 
TIL Logistics Group Limited (NZX: TLL) advises that the price at which shares  
will be issued under the TIL Logistics Dividend Reinvestment Plan for the  
dividend payable on 27 September 2019 has been set at NZ$1.20 per share.  
 
The issue price was calculated on the basis of the volume weighted average  
sale price (rounded to the nearest cent) for all TLL shares sold on the NZX  
over the five trading days immediately following the record date of 13  
September 2019, less a 3.0% discount.  
 
Shareholders representing 79.6% 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 27 September 2019.  
 
The new shares will rank pari passu with existing shares on issue as at the  
date of their issue.  
 
ENDS  
End CA:00341366 For:TLL Type:CORPACT Time:2019-09-23 10:08:07  

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