MIGHTY RIVER POWER LTD 13 December 2018 - Mercury confirmed today that it has entered into an agreement with the Crown under which the Crown agrees to participate in any future dividend reinvestment plan or share buyback of the Company.
Mercury joins the other three Government majority-owned companies in having such an agreement in place.
A copy of the Crown Participation Agreement will soon be available on the Treasury's website.
Mercury does not have any current plan to launch a dividend reinvestment plan or share buyback.
For further information:
Investors - Tim Thompson 0275 173 470
Media - Craig Dowling 0272 105 337
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Mercury NZ Limited published this content on 13 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 December 2018 08:44:06 UTC
