Scott Technology sets DRP issue price at NZD 2.8727 per share
Scott Technology Limited has set the issue price for its dividend reinvestment plan (DRP) at NZD 2.8727 per share for the recent dividend. This DRP issue price was determined based on the volume-weighted average sale price of the company's shares on the NZX Main Board between November 7 and November 11, 2025, with a 1.0% discount applied. The company's board did not exercise its discretion to adjust the DRP issue price.
The additional shares to be issued under the DRP will be sourced as new shares directly from Scott Technology. These shares are scheduled for allotment on November 19, 2025, coinciding with the dividend payment date. Shareholders interested in the details of the DRP can direct their inquiries to Mark O'Malley, chief financial officer, at +64 27 301 5936 or via email at m.omalley@scottautomation.com.
Scott Technology, a global expert in automation, specializes in smart automation and robotic solutions designed to enhance business safety, productivity, and efficiency. With a century of engineering excellence, the company operates design and build facilities across Australasia, China, Europe, and America, serving numerous leading global brands. Further information about Scott Technology is available on their website, www.scottautomation.com.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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