Shareholders may have their dividends paid directly into any bank, building society or credit union within Australia. The necessary form is available from the registry. Once your payment details have been recorded on your holding, they will remain in force until you notify the registry of their alteration or cancellation.
Dividend Reinvestment Plan
The Dividend Reinvestment Plan (DRP) was established by the Directors to provide shareholders with the opportunity of reinvesting their dividends in ordinary shares in the Company. The shares can be allotted at a discount of up to 7.5% of the average market price of the shares. Currently there is no discount and the shares are issued at market price. No brokerage is payable if shares are allotted under the DRP.
Shareholders may withdraw from the plan at any time by notice in writing to the share registry. Shareholders wanting to participate should download the explanatory booklet and then contact the Company’s share registry.