Notification of dividend / distribution
Announcement Summary
For personal use only
Entity name
CTI LOGISTICS LIMITED
Security on which the Distribution will be paid
CLX - ORDINARY FULLY PAID
Announcement Type
New announcement
Date of this announcement
24/2/2022
Distribution Amount
AUD 0.02500000
Ex Date
8/3/2022
Record Date
9/3/2022
Payment Date
8/4/2022
DRP election date
Thursday March 10, 2022 20:00:00
Refer to below for full details of the announcement
Notification of dividend / distribution | 1 / 6 |
Registration Number
69008778925
2 / 6
Notification of dividend / distribution
2A.6 Payment Date 8/4/2022
2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable? | ||||
Security holder approval | ||||
only | 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") | ||||
use | AUD - Australian Dollar | |||
2A.9 Total dividend/distribution payment amount per | ||||
+security (in primary currency) for all | ||||
dividends/distributions notified in this form | ||||
AUD 0.02500000 | ||||
personal | 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) | ||||
We have a Bonus +Security Plan or equivalent (BSP) | ||||
2A.11a If the +entity has a DRP, is the DRP applicable to | 2A.11a(i) DRP Status in respect of this | |||
this dividend/distribution? | dividend/distribution | |||
Yes | Full DRP | |||
2A.11b If the +entity has a BSP, is the BSP applicable to | 2A.11b(i) BSP status in respect of this | |||
this dividend/distribution? | dividend/distribution | |||
Yes | Full BSP offered | |||
2A.12 Does the +entity have tax component information | ||||
apart from franking? | ||||
For | No | |||
Part 3A - Ordinary dividend/distribution | ||||
3A.1 Is the ordinary dividend/distribution estimated at | 3A.1a Ordinary dividend/distribution estimated amount | |||
this time? | per +security | |||
No | AUD | |||
3A.1b Ordinary Dividend/distribution amount per | ||||
Notification of dividend / distribution | 3 / 6 |
Notification of dividend / distribution
security
AUD 0.02500000
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 % |
use only
3A.4 Ordinary dividend/distribution franked amount per +security
AUD 0.02500000
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) | |||||
personal | all Shares sold on ASX on the five Business Days immediately preceding and inclusive of the Record Date. | ||||
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 | 4A.3 DRP discount rate | |||
notices to share registry under DRP | % | ||||
Thursday March 10, 2022 20:00:00 | |||||
4A.4 | Period of calculation of reinvestment price | ||||
Start Date | End Date | ||||
3/3/2022 | 9/3/2022 | ||||
4A.5 | DRP price calculation methodology | ||||
The Market Price of a Share means the price determined by the Board to be the volume weighted average market price of | |||||
For | |||||
4A.6 | DRP Price (including any discount): | 4A.7 DRP +securities +issue date | |||
AUD | 8/4/2022 | ||||
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
Notification of dividend / distribution | 4 / 6 |
Notification of dividend / distribution
4A.11 Are there any other conditions applying to DRP participation? Yes
4A.11a Conditions for DRP participation | |||||
only | Non Resident Shareholders | ||||
The Board may determine that a shareholder is not eligible to participate in the DRP if the registered address of that | |||||
Shareholder is in a country or place where the offer of a right to so participate would or might be unlawful, impossible or | |||||
impracticable. | |||||
4A.12 Link to a copy of the DRP plan rules | |||||
http://www.ctilogistics.com/wp-content/uploads/2017/08/CTI-BSP-and-DRP-August-2017.pdf | |||||
4A.13 Further information about the DRP | |||||
use | |||||
Part 4B - Bonus +security plan or equivalent (BSP) | |||||
4B.1 | What is the default option if +security holders do not indicate whether they want to participate in the BSP? | ||||
Do not participate in BSP (i.e. cash payment) | |||||
personal | 4B.2 | Last date and time for lodgement of election | 4B.3 BSP discount rate | ||
notices to share registry under BSP | 2.5000 % | ||||
Thursday March 10, 2022 20:00:00 | |||||
4B.4 | Period of calculation of BSP price | ||||
Start Date | End Date | ||||
3/3/2022 | 9/3/2022 | ||||
4B.5 | BSP price calculation methodology | ||||
The Market Price of a Share means the price determined by the Board to be the volume weighted average market price of | |||||
all Shares sold on ASX on the five Business Days immediately preceding and inclusive of the Record Date. | |||||
4B.6 | BSP Price (including any discount) | 4B.7 BSP +securities +issue date | |||
AUD | 8/4/2022 | ||||
4B.8 | Will BSP +securities be a new issue? | 4B.8a Do BSP +securities rank pari passu from +issue | |||
For | Yes | date? | |||
Yes | |||||
4B.9 | Is there a minimum dollar amount or number of +securities required for BSP participation? | ||||
No
4B.10 Is there a maximum dollar amount or number of +securities required for BSP participation? No
4B.11 Are there any other conditions applying to BSP participation? Yes
Notification of dividend / distribution | 5 / 6 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
CTI Logistics Limited published this content on 24 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 05:31:03 UTC.