Please note: all cash amounts in this form should be provided to 8 decimal places
Section 1: Issuer information
Name of issuer
Briscoe Group Limited
Financial product name/description
Ordinary Shares
NZX ticker code
BGP
ISIN (If unknown, check on NZX
NZBGRE0001S4
website)
Type of distribution
Full Year
X
Quarterly
(Please mark with an X in the
Half Year
Special
relevant box/es)
DRP applies
Record date
24/03/2022
Ex-Date (one business day before the
23/03/2022
Record Date)
Payment date (and allotment date for
31/03/2022
DRP)
Total monies associated with the
$ 34,496,226.50000000
distribution1
Source of distribution (for example,
Retained Earnings
retained earnings)
Currency
NZD
Section 2: Distribution amounts per financial product
Gross distribution2
$0.21527778
Gross taxable amount 3
$0.21527778
Total cash distribution4
$0.15500000
Excluded amount (applicable to listed
$-
PIEs)
Supplementary distribution amount
$0.02735294
Section 3: Imputation credits and Resident Withholding Tax5
Is the distribution imputed
Fully imputed
X
Partial imputation
No imputation
Continuous issuers should indicate that this is based on the number of units on issue at the date of the form
"Gross distribution" is the total cash distribution plus the amount of imputation credits, per financial product, before the deduction of Resident Withholding Tax (RWT).
"Gross taxable amount" is the gross distribution minus any excluded income.
"Total cash distribution" is the cash distribution excluding imputation credits, per financial product, before the deduction of RWT. This should include any excluded amounts, where applicable to listed PIEs.
The imputation credits plus the RWT amount is 33% of the gross taxable amount for the purposes of this form. If the distribution is fully imputed the imputation credits will be 28% of the gross taxable amount with remaining 5% being RWT. This does not constitute advice as to whether or not RWT needs to be withheld.
If fully or partially imputed, please
28%
state imputation rate as % applied6
Imputation tax credits per financial
$0.06027778
product
Resident Withholding Tax per
$0.01076389
financial product
Section 4: Distribution re-investment plan (if applicable)
DRP % discount (if any)
%
Start date and end date for
determining market price for DRP
Date strike price to be announced (if
not available at this time)
Specify source of financial products to
be issued under DRP programme
(new issue or to be bought on market)
DRP strike price per financial product
$
Last date to submit a participation
notice for this distribution in
accordance with DRP participation
terms
Section 5: Authority for this announcement
Name of person authorised to make
Geoff Scowcroft
this announcement
Contact person for this
Geoff Scowcroft
announcement
Contact phone number
+64 275633167
Contact email address
geoff@briscoes.co.nz
Date of release through MAP
16/03/2022
6 Calculated as (imputation credits/gross taxable amount) x 100. Fully imputed dividends will be 28% as a % rate applied.
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Disclaimer
Briscoe Group Limited published this content on 12 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2022 20:59:33 UTC.
Briscoe Group Limited is a New Zealand-based non-trading holding company. The Company provides management services to its subsidiaries. The Company operates through two segments: Homeware and Sporting goods. The Company's principal trading subsidiaries are Briscoes (New Zealand) Limited, and The Sports Authority Limited, trading as Rebel Sport. Briscoes (New Zealand) Limited is a specialist homeware retailer selling branded products. Its product categories include bed, bath, electrical, kitchen, dining, laundry, home decor, furniture and storage, outdoor, travel, and heating. The Sports Authority Limited is a retailer of brands of sporting goods. The Company operates 47 Briscoes homeware stores, 43 Rebel stores, one distribution center, and One Auckland-based support center.