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PEET LIMITED — Capital/Financing Update 2009
Sep 16, 2009
65600_rns_2009-09-16_13cc167e-d572-41a6-8bbc-945fa0067c10.pdf
Capital/Financing Update
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Perth Level 7, 200 St Georges Terrace Perth WA 6000 Telephone (08) 9420 1111 | Facsimile (08) 9481 4712 Email [email protected]
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17 September 2009
Peet arranges underwriting of its Dividend Reinvestment Plan (“DRP”)
Peet Limited today announced that it had entered into an underwriting agreement with UBS AG, Australia Branch in respect to the recently announced DRP.
On 20 August 2009 Peet Limited announced a final fully franked dividend in respect to the year ended 30 June 2009 of 4.0 cents per share and the activation of the DRP. The record date for the dividend is Friday, 18 September 2009 and the payment date is Thursday, 8 October 2009.
The Company’s final dividend in respect to the year ended 30 June 2009 of 4.0 cents per share totals approximately $11.8 million. Following inquiries from existing institutional shareholders seeking to invest further in the Company and based on preliminary DRP elections, Peet has arranged for UBS to secure sub-underwriting for up to $5 million of any DRP shortfall.
For media inquiries, call:
Marie Mills Mills Wilson Communication Consultants 08 9228 1999, 0418 918202 [email protected]
For investor inquiries, call:
Brendan Gore Managing Director and Chief Executive Officer Peet Limited (08) 9420 1111
Perth | Melbourne | Brisbane Enriching lives since 1895 | Asset Manager | Land Syndicator | Fund Manager Peet Limited | ACN 008 665 834 | Australian Financial Services Licence 225772 | Licensed Real Estate Agent in WA