Spark Infrastructure : Update - Dividend/Distribution - SKI

Notification of dividend / distribution

Notification of dividend / distribution

Update Summary

Entity name

SPARK INFRASTRUCTURE GROUP

Security on which the Distribution will be paid

SKI - STAPLED $0.65 LOAN NOTE AND UNIT US PROHIBITED

Announcement Type

Update to previous announcement

Date of this announcement

Tuesday September 10, 2019

Reason for the Update

Item 4A.6 updated with DRP Price.

Additional Information

Key Dates

Distribution Ex-date - Tuesday, 3 September 2019

DRP pricing period commences (5 trading days) - Tuesday, 3 September 2019

Distribution Record Date - Wednesday, 4 September 2019

DRP Record Date - Thursday, 5 September 2019

Distribution Payment Date - Friday, 13 September 2019

DRP Allotment Date - Friday, 13 September 2019

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

SPARK INFRASTRUCTURE GROUP

1.2	Registered Number Type	Registration Number
14116940786
ABN
1.3	ASX issuer code
SKI

1.4 The announcement is

Update/amendment to previous announcement

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Notification of dividend / distribution

1.4a Reason for update to a previous announcement

Item 4A.6 updated with DRP Price.

1.4b Date of previous announcement(s) to this update

Tuesday August 27, 2019

1.5 Date of this announcement

Tuesday September 10, 2019

1.6 ASX +Security Code

SKI

ASX +Security Description

STAPLED $0.65 LOAN NOTE AND UNIT US PROHIBITED

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution

Ordinary

2A.2 The Dividend/distribution:

relates to a period of six months

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

Sunday June 30, 2019

2A.4 +Record Date

Wednesday September 4, 2019

2A.5 Ex Date

Tuesday September 3, 2019

2A.6 Payment Date

Friday September 13, 2019

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")

AUD - Australian Dollar

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

AUD 0.07500000

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?

No

Estimated or Actual?

Actual

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?

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

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

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution	3A.1a Ordinary dividend/distribution estimated
estimated at this time?	amount per +security
No	AUD
3A.1b Ordinary Dividend/distribution amount per
security
AUD 0.07500000
3A.2 Is the ordinary dividend/distribution
franked?
No
3A.3 Percentage of ordinary
dividend/distribution that is franked
0.0000 %
3A.4 Ordinary dividend/distribution franked	3A.5 Percentage amount of dividend which is
amount per +security	unfranked
AUD 0.00000000	100.0000 %
3A.6 Ordinary dividend/distribution unfranked
amount per +security excluding conduit foreign
income amount
AUD 0.07500000
3A.7 Ordinary dividend/distribution conduit
foreign income amount per security
AUD 0.00000000
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Notification of dividend / distribution

Part 3E - Other - distribution components / tax

3E.1 Please indicate where and when information about tax components can be obtained (you may enter a url).

The interim distribution of 7.5 cps is payable on 13 September 2019 and consists of 3.5 cps interest on Loan Notes for the period and 4.0 cps capital distribution. Further information can be found in Spark Infrastructure's Tax Guide 2019 at https://www.sparkinfrastructure.com/sites/sparkinfrastructure.com/files/19114_spark_tax_guide_v1.1.pdf

Part 4A - +Dividend reinvestment plan (DRP)

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

4A.3 DRP discount rate

election notices to share registry under DRP

Thursday September 5, 2019 17:00:00	2.0000 %
4A.4 Period of calculation of reinvestment price
Start Date	End Date
Tuesday September 3, 2019	Monday September 9, 2019
4A.5 DRP price calculation methodology

Average market price of stapled securities based on the average of the daily volume weighted average price of stapled securities traded on the ASX during the pricing period, unless Spark believes this is not a fair market price, in which case the allocation price will be determined by an independent expert.

4A.6 DRP Price (including any discount):	4A.7 DRP +securities +issue date
AUD 2.12740	Friday September 13, 2019

4A.8 Will DRP +securities be a new issue?

Yes

4A.8a Do DRP +securities rank pari passu from +issue date?

Yes

4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation?

No

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://sparkinfrastructure.com/investor-centre/distributions

4A.13 Further information about the DRP

The DRP will not be underwritten. Securityholders should submit DRP application forms for participation in the DRP in respect of the interim 2019 distribution by 5.00pm on Thursday, 5 September 2019.

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Part 5 - Further information

5.1 Please provide any further information applicable to this dividend/distribution

Interim 2019 Distribution

The Board has declared an interim cash distribution for 2019 of 7.5 cps. The interim distribution is payable on 13 September 2019 and consists of 3.5 cps interest on Loan Notes for the period and 4.0 cps capital distribution.

5.2 Additional information for inclusion in the Announcement Summary

Key Dates

Distribution Ex-date - Tuesday, 3 September 2019

DRP pricing period commences (5 trading days) - Tuesday, 3 September 2019

Distribution Record Date - Wednesday, 4 September 2019

DRP Record Date - Thursday, 5 September 2019

Distribution Payment Date - Friday, 13 September 2019

DRP Allotment Date - Friday, 13 September 2019

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