The DRP provides shareholders with a registered address in Australia and New Zealand (Eligible Shareholders) to reinvest all or part of their dividends into additional fully paid Collins Foods shares.
The DRP will be in operation for any dividends that may be declared by the Collins Foods Board. Eligible Shareholders that wish to participate in the DRP must elect to do so by making an election online at no later than the DRP Election date advised in the for the relevant dividend that may be declared.
In accordance with the DRP rules, the Board has determined that DRP shares will be allocated at the average of the daily volume weighted average price of shares trade on ASX during the 10 trading days commencing on the second trading day after the record date to determine entitlements to that dividend or other period determined by the Board in its absolute discretion (with no discount).
Under the DRP, Eligible Shareholders may elect to reinvest all or part of their dividend payments into additional fully paid Collins Foods shares. No brokerage, commission or other transaction costs will be payable by shareholders on the shares allocated under the DRP. Shareholders may participate with all or part of their shareholding.
Shares allocated under the DRP will rank equally with existing fully paid shares on issue. Statements will be provided for each dividend the DRP applies to.
Participation elections received after the nominated deadline will apply for future dividend payments. Once a shareholder elects to participate, the DRP will continue to apply for future dividend payments unless an Eligible Shareholder advises otherwise or unless the DRP is suspended or terminated by the Board in its absolute discretion.
Collins Foods recommends that you seek your own independent financial and taxation advice about the consequences of your participation in the DRP.
Don't forget that the most detailed information about Collins Foods Limited in Hamilton you can always get on the official web-site, in the company's office or by calling by phone ↓
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