Carsales com : Dividend/Distribution - CAROpens in a new Window

Notification of dividend / distribution

Announcement Summary

Entity name

CARSALES.COMLIMITED.

Security on which the Distribution will be paid

CAR - ORDINARY FULLY PAID

Announcement Type

New announcement

Date of this announcement

Tuesday August 18, 2020

Distribution Amount

AUD 0.25000000

Ex Date

Tuesday September 22, 2020

Record Date

Wednesday September 23, 2020

Payment Date

Wednesday October 7, 2020

DRP election date

Thursday September 24, 2020 17:00:00

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

CARSALES.COMLIMITED.

1.2	Registered Number Type	Registration Number
ABN	91074444018
1.3	ASX issuer code
CAR

1. The announcement is New announcement
2. Date of this announcement

Tuesday August 18, 2020

1.6 ASX +Security Code

CAR

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)

Tuesday June 30, 2020

2A.4 +Record Date

Wednesday September 23, 2020

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2A.5 Ex Date

Tuesday September 22, 2020

2A.6 Payment Date

Wednesday October 7, 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

AUD 0.25000000

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

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

Full DRP

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

AUD

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3A.1b Ordinary Dividend/distribution amount per security

AUD 0.25000000

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

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

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

3A.3a Applicable corporate tax rate for franking credit

(%)

100.0000 %

30.0000 %

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

AUD 0.25000000

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

3A.5 Percentage amount of dividend which is unfranked

0.0000 %

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 September 24, 2020 17:00:00

4A.4 Period of calculation of reinvestment price

Start Date

4A.3 DRP discount rate

0.0000 %

End Date

Thursday September 24, 2020

Wednesday September 30, 2020

4A.5 DRP price calculation methodology

The DRP will not be offered at a discount and the price will be calculated using the daily volume weighted average sale price of carsales.comLtd shares sold in the ordinary course of trading on the ASX during the 5 days after, but not including the Record Date (23 September 2020).

4A.6	DRP Price (including any discount):	4A.7 DRP +securities +issue date
AUD
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

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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

Participation is only open to shareholders with a registered address in Australia or New Zealand (unless otherwise determined by the Board).

4A.12 Link to a copy of the DRP plan rules

4A.13 Further information about the DRP

Part 5 - Further information

1. Please provide any further information applicable to this dividend/distribution
2. Additional information for inclusion in the Announcement Summary

Notification of dividend / distribution

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