Wesfarmers : Update - Dividend/Distribution - WES 33 KB

Notification of dividend / distribution

Update Summary

Entity name WESFARMERS LIMITED

Security on which the Distribution will be paid

WES - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

Tuesday September 18, 2018

Reason for the Update

Update to 4A.6 price and 5.1 - participation in DRP

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

WESFARMERS LIMITED

Registration Number

1.2 Registered Number Type

ABN

1.3 ASX issuer code

WES

1.4 The announcement is

Update/amendment to previous announcement

• 1.4a Reason for update to a previous announcement

  Update to 4A.6 price and 5.1 - participation in DRP

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

Tuesday August 14, 2018

1.5 Date of this announcement

Tuesday September 18, 2018

1.6 ASX +Security Code

WES

ASX +Security Description

ORDINARY FULLY PAID

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)

Saturday June 30, 2018

2A.4 +Record Date

Tuesday August 21, 2018

2A.5 Ex Date

Monday August 20, 2018

2A.6 Payment Date

Thursday September 27, 2018

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

Security holder approvalCourt approval

Lodgement of court order with +ASICACCC 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

AUD 1.20000000

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

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

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

AUD 1.20000000

3A.2 Is the ordinary dividend/distribution franked?

Yes

3A.3 Percentage of ordinary dividend/distribution that is franked 100.0000 %

3A.4 Ordinary dividend/distribution franked amount per +security

AUD 1.20000000

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

AUD 0.00000000

3A.7 Ordinary dividend/distribution conduit foreign income amount per security

AUD 0.00000000

Part 4A - +Dividend reinvestment plan (DRP)

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

Full DRP

3A.1a Ordinary dividend/distribution estimated amount per +security

AUD

3A.2a Is the ordinary dividend/distribution fully franked?

Yes

3A.3a Applicable corporate tax rate for franking credit (%)

30.0000 %

3A.5 Percentage amount of dividend which is unfranked 0.0000 %

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

Wednesday August 22, 2018 19:00:00

4A.4 Period of calculation of reinvestment price

Start Date

Friday August 24, 2018

4A.3 DRP discount rate 0.0000 %

End Date

Thursday September 13, 2018

4A.5 DRP price calculation methodology

The allocation price will be calculated as the average of the daily volume weighted average price of Wesfarmers Limited shares, excluding trades which are not considered to reflect normal supply and demand, on each of the 15 consecutive trading days during the period from 24 August 2018 to 13 September 2018 inclusive.

4A.6 DRP Price (including any discount):

4A.7 DRP +securities +issue date

AUD 51.38330

Thursday September 27, 2018

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

No

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

The directors have determined in accordance with the DRP plan rules that participation is not open to a holder whose registered address is in a country other than Australia and New Zealand.

4A.12 Link to a copy of the DRP plan ruleswww.wesfarmers.com.au/dip

4A.13 Further information about the DRP

Part 5 - Further information

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

  Based on audited data, shareholders representing 8.68 per cent of Wesfarmers Limited shares on issue had a valid election to participate in the DRP for the period.

• 5.2 Additional information for inclusion in the Announcement Summary