New Zealand Rural Land Company Limited logo

Amended Distribution Notice

Dividend29 August 2024NZLReal Estate

Distribution Notice
Updated as at 18 December 2019

14391576_1

P

lease note: all cash amounts in this form should be provided to 8 decimal places

Section 1: Issuer information

Name of issuer New Zealand Rural Land Company Limited

Financial product name/description Ordinary Shares

NZX ticker code NZL

ISIN (If unknown, check on NZX

website)

NZNZLE0001S2

Type of distribution

(Please mark with an X in the

relevant box/es)

Full Year Quarterly

Half Year X Special

DRP applies X

Record date 20 September 2024 (5pm)

Ex-Date (one business day before the

Record Date)

19 September 2024

Payment date 18 October 2024

Total monies associated with the

distribution

1


$2,041,022

Source of distribution (for example,

retained earnings)

Retained earnings

Currency NZD

Section 2: Distribution amounts per financial product

Gross distribution

2

$0.01460000

Gross taxable amount

3

$0.00000000

Total cash distribution

4

$0.01460000

Excluded amount (applicable to listed

PIEs)

$0.01460000

Supplementary distribution amount $0.00000000

Section 3: Imputation credits and Resident Withholding Tax

5


Is the distribution imputed Fully imputed

Partial imputation

No imputation

If fully or partially imputed, please

state imputation rate as % applied

6


% N/A

1

Continuous issuers should indicate that this is based on the number of units on issue at the date of the form

2

“ Gross distribution” is the total cash distribution plus the amount of imputation credits, per financial product, before the deduction of

Resident Withholding Tax (RWT).

3

“Gross taxable amount” is the gross distribution minus any excluded income.

4

“ 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.

5

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.


6

Calculated as (imputation credits/gross taxable amount) x 100. Fully imputed dividends will be 28% as a % rate applied.

Imputation tax credits per financial
product

$ N/A

Resident Withholding Tax per

financial product

$ N/A

Section 4: Distribution re-investment plan (if applicable)

DRP % discount (if any)

2.5%

Start date and end date for

determining market price for DRP

14 August 2024 28 August 2024

Date strike price to be announced (if

not available at this time)

N/A

Specify source of financial products to

be issued under DRP programme

(new issue or to be bought on market)

New Issue

DRP strike price per financial product

88c

Last date to submit a participation

notice for this distribution in

accordance with DRP participation

terms

5pm, 23 September 2024

Section 5: Authority for this announcement

Name of person


authorised to make

this announcement

Richard Milsom

Contact person for this

announcement

Richard Milsom

Contact phone number 021 274 2476

Contact email address r

ichard

@nzrlm.co.nz

Date of release through MAP


30/08/2024

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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