Fortescue Metals : Notification of dividend / distribution

Notification of dividend / distribution

Update Summary

Entity name

FORTESCUE METALS GROUP LTD

Security on which the Distribution will be paid

FMG - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

Thursday September 17, 2020

Reason for the Update

DRP Price Allocation

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

FORTESCUE METALS GROUP LTD

1.2	Registered Number Type	Registration Number
ABN	57002594872
1.3	ASX issuer code
FMG

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

DRP Price Allocation

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

Monday August 24, 2020

1.5 Date of this announcement

Thursday September 17, 2020

1.6 ASX +Security Code

FMG

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 twelve months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

Tuesday June 30, 2020

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2A.4 +Record Date

Tuesday September 1, 2020

2A.5 Ex Date

Monday August 31, 2020

2A.6 Payment Date

Friday October 2, 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 1.00000000

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 1.00000000

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 1.00000000

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

Wednesday September 2, 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 3, 2020

Wednesday September 16, 2020

4A.5 DRP price calculation methodology

The allocation of price for shares under the Plan will be calculated as the average of the daily volume weighted average market price of all Fortescue shares traded on the Australian Securities Exchange during the period of ten trading days commencing on the second day after the record date of the applicable dividend.

4A.6	DRP Price (including any discount):	4A.7 DRP +securities +issue date
AUD	17.83600	Friday October 2, 2020

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

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