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STOCKLAND — Capital/Financing Update 2009
Jan 26, 2009
65781_rns_2009-01-26_d1b1db19-b83d-45df-9f5c-5b5838d5183c.pdf
Capital/Financing Update
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133 Castlereagh St T +61 (0)2 9035 2000 Sydney NSW 2000 F +61 (0)2 8988 2000
www.stockland.com.au
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27 January 2009
ASX Release
STOCKLAND (“SGP”)
Distribution/Dividend Reinvestment Plan (“DRP”)
As previously announced, the DRP will operate for the distribution/dividend payment for the half year ended 31 December 2008.
In accordance with the terms of the DRP, we advise that the issue price for each stapled security is $3.58, based on the average of the fifteen (15) daily volume weighted average prices of SGP stapled securities for the fifteen (15) trading days from Monday, 5 January 2009 to Friday, 23 January 2009 inclusive, less a discount of 1.5% as provided in the DRP rules.
As previously notified, the DRP participation deadline was 5.00pm on Wednesday, 31 December 2008.
The new securities will be issued on Friday, 27 February 2009.
| For media enquiries contact | For investor enquiries contact | ||
|---|---|---|---|
| Karyn Munsie | Katie Lennon | Karyn Munsie | Joanne Trimboli |
| EGM - Corporate Affairs Stockland |
Media Relations Manager Stockland |
EGM - Corporate Affairs Stockland |
Investor Relations Manager Stockland |
| T +61 (0)2 9035 2180 |
T +61 (0)2 9035 2552 |
T +61 (0)2 9035 2180 |
T+61 (0)2 9035 2553 |
| M+61 (0)421 050 430 | M+61 (0)406 316 907 | M+61 (0)421 050 430 | M+61 (0)403 972 736 |
Stockland (ASX: SGP) is one of the largest and most diversified property groups in Australia with interests in retail, commercial, industrial, residential and retirement living investment and development, and funds management. Stockland currently has total assets in Australia and the United Kingdom of over $14.7 billion, market capitalisation in excess of $8 billion, and reported an operating profit of $674 million for the year ended 30 June 2008. Additional information can be found on our website www.stockland.com.au
Stockland Corporation Ltd ACN 000 181 733 Stockland Trust Management Ltd ACN 001 900 741 AFSL 241190 As Responsible Entity for Stockland Trust ARSN 092 897 348.
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