Under the Distribution Reinvestment Plan (‘DRP’), all registered Infigen Energy (“Infigen”) securityholders can elect to have all or part of their distributions automatically reinvested in new Infigen fully paid stapled securities, free of brokerage, commission and stamp duty costs.
The stapled securities issued under the DRP will be allotted from the weighted average ‘market price’ for Infigen stapled securities sold on the ASX over the 10 trading days ending on the trading day which is three trading days before the date that the securities are to be allotted under the DRP, or if the Directors believe that the calculation made in accordance with the above does not provide a fair reflection of the market price of stapled securities, the Directors may, at their discretion, adopt as the market price an amount as determined by a valuer appointed by them as being the fair market value price.
The DRP price will be determined by the Directors of Infigen and may be changed for any particular distribution at their discretion. Any changes will be advised via an ASX release.
Please note that DRP application forms must be received and processed by the security registry prior to the Record Datein order to be eligible to participate in the DRP for that period. Applications received after the Record Date will be included in the DRP for any future distributions.
Click here to download Infigen’s DRP Terms & Conditions
Distribution Reinvestment Plan – Participation Price Per Security
|DISTRIBUTIONS||PERIOD||DRP PARTICIPATION PRICE|
|FY11 Interim Distribution||6 months to 31 December 2010||$0.34|
|FY10 Final Distribuition||6 months to 30 June 2010||$0.74|
|FY08 Final Distribution||6 months to 30 June 2008||$1.16|
|FY08 Interim Distribution||6 months to 31 December 2007||$1.37|
|FY07 Final Distribution||6 months to 30 June 2007||$1.62|
|FY07 Interim Distribution||6 months to 31 December 2006||$1.63|
|FY06 Final Distribution||6 months to 30 June 2006||$1.36|