CHC Distribution Reinvestment Plan Issue Price
Charter Hall Group (ASX:CHC) today announces the Distribution Reinvestment Plan (DRP) issue price for the half year ending 30 June 2014 is $4.1621 per security, based on the average of the daily volume weighted average market price of all stapled securities traded on the ASX over the 15 business days from 3 July 2014 to 23 July 2014 inclusive. The DRP issue price incorporates the 1% discount announced on 20 June 2014.
Charter Hall Group will raise approximately $6.2 million from the DRP, following a preliminary participation rate of 15.9%. The DRP securities will be issued on the distribution payment date, being on or about 29 August 2014.
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