Notification of dividend / distribution
Update Summary
Entity name
SYDNEY AIRPORT
Security on which the Distribution will be paid
SYD - FULLY PAID ORDINARY/UNITS STAPLED SECURITIES
Announcement Type
Update to previous announcement
Date of this announcement
Monday January 20, 2020
Reason for the Update
DRP Price Update
Refer to below for full details of the announcement
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Notification of dividend / distribution
Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
SYDNEY AIRPORT
1.2 | Registered Number Type | Registration Number |
ABN | 85075295760 | |
1.3 | ASX issuer code | |
SYD |
1.4 The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
DRP Price Update
1.4b Date of previous announcement(s) to this update
Friday December 13, 2019
1.5 Date of this announcement
Monday January 20, 2020
1.6 ASX +Security Code
SYD
ASX +Security Description
FULLY PAID ORDINARY/UNITS STAPLED SECURITIES
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)
Tuesday December 31, 2019
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Notification of dividend / distribution
2A.4 +Record Date
Tuesday December 31, 2019
2A.5 Ex Date
Monday December 30, 2019
2A.6 Payment Date
Friday February 14, 2020
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
2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form
$ 0.19500000
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?
Yes
Estimated or Actual?
Actual
2A.11a(i) DRP Status in respect of this dividend/distribution
Full DRP
Part 2B - Currency Information
2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the 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
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Notification of dividend / distribution
2B.2 Please provide a description of your currency arrangements
NZD for residents of New Zealand only
2B.2a Other currency/currencies in which the dividend/distribution will be paid:
Currency | Payment currency equivalent amount per security |
NZD - New Zealand Dollar | $ |
2B.2b Please provide the exchange rates used for non-primary currency payments
Prevailing exchange rate on payment date
2B.2c If payment currency equivalent and exchange | Estimated or Actual? |
rates not known, date for information to be released | Actual |
Friday February 14, 2020 |
2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the default arrangements?
No
Part 3A - Ordinary dividend/distribution
3A.1 Is the ordinary dividend/distribution estimated at this time?
No
3A.1b Ordinary Dividend/distribution amount per security
$ 0.19500000
3A.2 Is the ordinary dividend/distribution franked?
3A.3 Percentage of ordinary dividend/distribution that is franked
0.0000 %
3A.4 Ordinary dividend/distribution franked amount per +security
$ 0.00000000
3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount
$ 0.19500000
3A.7 Ordinary dividend/distribution conduit foreign income amount per security
$ 0.00000000
3A.1a Ordinary dividend/distribution estimated amount per +security
$
3A.5 Percentage amount of dividend which is unfranked
100.0000 %
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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).
https://www.sydneyairport.com.au/investor/investors-centre/investor-distribution-and-tax-information
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 election notices to share registry under DRP
Thursday January 2, 2020 17:00:00
4A.4 Period of calculation of reinvestment price
Start Date
4A.3 DRP discount rate
0.0000 %
End Date
Monday January 6, 2020 | Friday January 17, 2020 |
4A.5 DRP price calculation methodology
Volume weighted average price (VWAP) calculation for 10 day trading day period from 6 January 2020 to 17 January 2020 inclusive
4A.6 | DRP Price (including any discount): | 4A.7 DRP +securities +issue date |
$ 8.84320 | Friday February 14, 2020 | |
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
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? Yes
4A.11a Conditions for DRP participation
Registered address in Australia or New Zealand
4A.12 Link to a copy of the DRP plan rules
https://www.sydneyairport.com.au/investor/investors-centre/stock-information/distribution-reinvestment-plan
4A.13 Further information about the DRP
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Notification of dividend / distribution
Part 5 - Further information
- Please provide any further information applicable to this dividend/distribution
- Additional information for inclusion in the Announcement Summary
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Disclaimer
Sydney Airport Holdings Limited published this content on 20 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2020 22:38:01 UTC