Pinnacle provides dividend update, confirms exchange rate and DRP details

Pinnacle Investment Management Group Limited (PNI) announced an update to its dividend distribution for the six-month period ending June 30, 2025. The company will pay an ordinary dividend of AUD 0.27000000 per security on September 19, 2025, with a record date of September 2, 2025, and an ex-date of September 1, 2025. This dividend is 88.0000% franked, with the applicable corporate tax rate for franking credit at 30.0000%. The unfranked portion is 12.0000%.

The update specifically notified the currency exchange rate, confirming that payments to New Zealand residents with nominated NZD bank accounts will be made in NZD, converted from AUD prior to the dividend payment date. The exchange rate used for non-primary currency payments is AUD/NZD 1.105832. Shareholders have until 5:00 PM on September 2, 2025, to provide banking instructions.

Pinnacle also confirmed the applicability of its Dividend/Distribution Reinvestment Plan (DRP) for this distribution, with a DRP price of AUD 18.70600 based on a volume-weighted average price calculation from September 8, 2025, to September 12, 2025. The DRP discount rate is 0.0000%. DRP securities will be new issues and rank pari passu from the issue date of September 19, 2025.