Dividend reinvestment plan strike price

  • Investor news

Meridian Energy Limited advises that the price at which shares will be issued for the 2021 Final Ordinary Dividend under the Company’s Dividend Reinvestment Plan (DRP) is NZ$4.8407 per share.

The issue price has been determined, in accordance with the DRP, as the volume weighted average sale price for a share, calculated on all sales of shares which took place through the NZX Main Board over a period of five business days starting on 29 September 2021, less a 2.0% discount. Shareholders who have elected to participate in the DRP, will receive shares, instead of cash, in respect of the 2021 Final Ordinary Dividend on 15 October 2021.

Further details regarding the full year dividend and DRP, including the AUD equivalent to the total dividend/distribution amount per security, and the corresponding FX rate, can be found in the updated ASX Appendix 3A.1 form (Notification of Dividend/Distribution).



Neal Barclay
Chief Executive
Meridian Energy Limited


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Investor Relations Manager
021 246 4772
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