Reinvestment Plan
The Directors have approved and in future may implement a Dividend Reinvestment Plan (DRP).
The rules of the approved DRP are typical of a dividend reinvestment plan operated by an ASX listed company. Shareholders who elect to participate in the DRP will be able to reinvest the dividends they are entitled to receive into shares rather than receiving those dividends in the DRP in respect of some or all of their shares.
The approved DRP will commence on the date determined by the Board, and may be varied, terminated or suspended by the Board at any time, according to the rules of the DRP or subject to the Listing Rules and the Companies Act.
A shareholder subject to the laws of another country may not participate in the DRP until the Board is satisfied that such participation will not require a disclosure document under overseas law or such other regulatory compliance which the Board determines to be excessive or impracticable.
To view a copy of the the Dividend Reinvestment Plan Rules click here.