Summerset : Dividend/Distribution - SNZ

Notification of dividend / distribution

Announcement Summary

For personal use only

Entity name

SUMMERSET GROUP HOLDINGS LIMITED

Security on which the Distribution will be paid

SNZ - ORDINARY FULLY PAID FOREIGN EXEMPT NZX

Announcement Type

New announcement

Date of this announcement

24/2/2022

Distribution Amount

NZD 0.08600000

Ex Date

9/3/2022

Record Date

10/3/2022

Payment Date

23/3/2022

DRP election date

Friday March 11, 2022 15:30:00

Refer to below for full details of the announcement

Notification of dividend / distribution

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2A.4 +Record Date 10/3/2022

2A.5 Ex Date 9/3/2022

Notification of dividend / distribution

31/12/2021

relates to a period of six months

2A.2 The Dividend/distribution:

Ordinary

2A.1 Type of dividend/distribution

ORDINARY FULLY PAID FOREIGN EXEMPT NZX

ASX +Security Description

SNZ

1.6 ASX +Security Code

24/2/2022

1.5 Date of this announcement

1.4 The announcement is New announcement

SNZ

1.3 ASX issuer code

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

ARBN

1.2 Registered Number Type

SUMMERSET GROUP HOLDINGS LIMITED

1.1 Name of +Entity

onlyPart 1 - Entity and announcement details

usepersonalPart 2A - All dividends/distributions basic details For

Notification of dividend / distribution

Announcement Details

Registration Number

164228399

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Notification of dividend / distribution

only

2A.6 Payment Date 23/3/2022

2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?

Security holder approval

Court approval

Lodgement of court order with +ASIC

ACCC approval

FIRB approval

Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

No

2A.8 Currency in which the dividend/distribution is made ("primary currency")

NZD - New Zealand Dollar

personal use

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form

NZD 0.08600000

2A.9a AUD equivalent to total dividend/distribution amount per +security

AUD

2A.9b If AUD equivalent not known, date for information to be released

18/3/2022

2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market? Yes

2A.11 Does the entity have a securities plan for dividends/distributions on this +security?

We have a Dividend/Distribution Reinvestment Plan (DRP)

2A.11a If the +entity has a DRP, is the DRP applicable to this dividend/distribution?

Yes

2A.12 Does the +entity have tax component information apart from franking?

No

Estimated or Actual?

Estimated

2A.11a(i) DRP Status in respect of this dividend/distribution

Full DRP

For

2A.13 Withholding tax rate applicable to the dividend/distribution (%)

15.000000 %

Part 2B - Currency Information

2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the

Notification of dividend / distribution

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Notification of dividend / distribution

banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand and/or USD to residents of the U.S.A.).

Yes

2B.2 Please provide a description of your currency arrangements

Based on shareholder's residence and/or election made by the shareholder.

only	2B.2a Other currency/currencies in which the dividend/distribution will be paid:
		Currency	Payment currency equivalent amount per security
		AUD - Australian Dollar	AUD
		2B.2b Please provide the exchange rates used for non-primary currency payments
use	Reserve Bank of New Zealand Daily Exchange Mid-Rate on 10 March 2022, being the day prior to the commencement of
the pricing period for the DRP strike price
2B.2c If payment currency equivalent and exchange	Estimated or Actual?
		rates not known, date for information to be released	Estimated
		18/3/2022
		2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the
		default arrangements?
personal	No
	Part 3A - Ordinary dividend/distribution
		3A.1 Is the ordinary dividend/distribution estimated at	3A.1a Ordinary dividend/distribution estimated amount
		this time?	per +security
		No	NZD
		3A.1b Ordinary Dividend/distribution amount per
		security
		NZD 0.08600000
		3A.2 Is the ordinary dividend/distribution franked?
For	No
3A.3 Percentage of ordinary dividend/distribution that is
franked
0.0000 %
3A.4 Ordinary dividend/distribution franked amount per	3A.5 Percentage amount of dividend which is unfranked
+security	100.0000 %
NZD 0.00000000

3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount

NZD 0.08600000

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Notification of dividend / distribution

Part 3F - NZD declared dividends/distributions - supplementary dividend/distribution

		3F.1 Is a supplementary dividend/distribution payable?
		No
onlyPart 4A - +Dividend reinvestment plan (DRP)
use	4A.1	What is the default option if +security holders do not indicate whether they want to participate in the DRP?
		Do not participate in DRP (i.e. cash payment)
		4A.2	Last date and time for lodgement of election	4A.3 DRP discount rate
		notices to share registry under DRP	2.0000 %
		Friday March 11, 2022 15:30:00
personal	4A.4	Period of calculation of reinvestment price
Start Date	End Date
		11/3/2022		17/3/2022
		4A.5	DRP price calculation methodology
		As per clause 7 of the DRP Offer Document dated 22 February 2021
		4A.6	DRP Price (including any discount):	4A.7 DRP +securities +issue date
		NZD			23/3/2022
		4A.8	Will DRP +securities be a new issue?	4A.8a Do DRP +securities rank pari passu from +issue
		Yes	date?
					Yes
		4A.9	Is there a minimum dollar amount or number of +securities required for DRP participation?
		No
For	4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation?
No
4A.11 Are there any other conditions applying to DRP participation?
No
4A.12 Link to a copy of the DRP plan rules

https://www.summerset.co.nz/investor-centre/dividends/

4A.13 Further information about the DRP

N/A

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