Meridian Energy Limited advises that the price at which shares will be issued for the 2022 Final Ordinary Dividend under the Company’s Dividend Reinvestment Plan (DRP) is NZ$4.9791 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 7 September 2022.
Shareholders who have elected to participate in the DRP, will receive shares, instead of cash, in respect of the 2022 Final Ordinary Dividend on 23 September 2022.
ENDS
Neal Barclay
Chief Executive
Meridian Energy Limited
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