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Dividend Reinvestment Plan Strike Price

2/10/2024, 16:28 NZDT, GENERAL

Genesis Energy advises that the issue price for shares issued in lieu of cash for the 2024 Final Dividend under its Dividend Reinvestment Plan (DRP) is NZ$2.0786 per share. The issue price has been determined, in accordance with the DRP, as the volume weighted average sale price for all Genesis Energy shares sold on the NZX Main Board over a period of five business days starting on 25 September 2024, less a 2.5% discount. Shareholders who have elected to participate in the DRP, will receive shares, instead of cash, in respect of the dividend payable on 11 October 2024. The new shares will rank pari passu with existing shares on issue as at the date of their issue. ENDS For investor relations enquiries, please contact: Tim McSweeney GM Investor Relations & Market Risk M: 027 200 5548 For media enquiries, please contact: Chris Mirams GM Communications and Media M: 027 246 1221