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STOCKLAND — Capital/Financing Update 2015
Feb 5, 2015
65781_rns_2015-02-05_38a7d802-9bb7-4eaa-a8ad-677fbdd7dbf7.pdf
Capital/Financing Update
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133 Castlereagh Street Sydney NSW 2000
T 02 9035 2000 F 02 8988 2552
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6 February 2015 ASX/Media Release
STOCKLAND DISTRIBUTION REINVESTMENT PLAN
As previously announced on 16 December 2014, Stockland will operate its Distribution Reinvestment Plan (DRP) for eligible securityholders who selected the DRP as their preferred distribution payment method for the half-year to 31 December 2014.
In accordance with the terms of the DRP, we advise that the issue price for each stapled security is $4.33, based on the average for the 15 daily volume weighted average prices of SGP stapled securities for the 15 trading days from 15 January 2015 to 5 February 2015, inclusive, with a discount of 1 per cent on the securities acquired under the DRP.
The new securities will be issued to eligible securityholders on Friday 27 February 2015.
Stockland
Stockland (ASX: SGP) was founded in 1952 and has grown to become Australia’s largest diversified property group – owning, developing and managing a large portfolio of shopping centres, residential communities, logistic centres, business parks, office assets and retirement living villages. Stockland is rated as one of the most sustainable real estate companies in the world by the Dow Jones Sustainability World Index (DJSI). Stockland is also an Employer of Choice for Gender Equality, as recognised by the Workplace Gender Equality Agency.
| FGSMSTM | or media enquiriesreg Spearsenior Manager -edia Relationstockland+61 (0)2 9035 3263 +61 (0)406 315 014 | Michelle TaylorGeneral Manager -Stakeholder RelationsStocklandT+61 (0)2 9035 2786M+61 (0)400 356 692 | For investor enquiriesAntoinette PlaterSenior Manager -Investor RelationsStocklandT+61 (0)2 9035 3148M+61 (0)429 621 742 | Tim MitchellSenior Analyst -Investor RelationsStocklandT+61 (0)2 9035 2467M+61 (0)478 308 513 |
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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.