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CHARTER HALL GROUP — Capital/Financing Update 2014
Jan 22, 2014
64645_rns_2014-01-22_9195a136-d103-4410-b437-91d20c5d6889.pdf
Capital/Financing Update
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ASX Release
Distribution Reinvestment Plan Issue Price
23 January 2014
Charter Hall Limited ACN 113 531 150 Charter Hall Funds Management Limited ABN 31 082 991 786 Level 11, 333 George Street Sydney NSW 2000 GPO Box 2704 Sydney NSW 2001 T +61 2 8908 4000 F +61 2 8908 4040 www.charterhall.com.au
Charter Hall (ASX:CHC) today announces the Distribution Reinvestment Plan (DRP) issue price for the half year ending 31 December 2013 is $3.6665 per security, based on the average of the daily volume weighted average market price of all stapled securities traded on the ASX over the 15 business days from 2 January 2014 to 22 January 2014 inclusive. The DRP issue price incorporates the 1.0% discount announced on 16 December 2013.
Charter Hall will raise approximately $6.3 million from the DRP, following a preliminary participation rate of 18.5%. The DRP securities will be issued on the distribution payment date, being on or about 25 February 2014.
About Charter Hall
Charter Hall Group (ASX:CHC) is one of Australia’s leading fully integrated property groups, with over 22 years’ experience managing high quality property on behalf of institutional, wholesale and retail clients. Charter Hall has over $10 billion of funds under management across the office, retail and industrial sectors. The Group has offices in Sydney, Melbourne, Brisbane, Adelaide and Perth.
The Group’s success is underpinned by a highly skilled and motivated team with diverse expertise across property sectors and risk-return profiles. Sustainability is a key element of its business approach and by ensuring its actions are commercially sound and make a difference to its people, customers and the environment, Charter Hall can make a positive impact for its investors, the community and the Group.
For further information For investor enquiries For media enquiries David Harrison Nick Kelly Rachel Mornington-West Joint Managing Director Head of Investor Relations Head of Marketing and Communications T +61 2 8908 4033 T +61 2 8908 4028 T +61 2 8908 4093 [email protected] [email protected] [email protected]
David Southon
Joint Managing Director T +61 2 8908 4025 [email protected]
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