New Hope Corporation confirms DRP price for final dividend

New Hope Corporation Limited (NHC) announced an update to its ordinary final dividend for the financial year ending July 31, 2025, primarily focusing on the Dividend/Distribution Reinvestment Plan (DRP) price. The company confirmed an ordinary dividend of AUD 0.15 per security, fully franked at 100%, with an applicable corporate tax rate for franking credit of 30%. The record date for the dividend was September 23, 2025, and the payment date is October 8, 2025.

The DRP will operate with a 0% discount rate. The DRP Offer Price has been set at AUD 4.01, calculated as the arithmetic average of the daily volume-weighted average market price (VWAP) of all New Hope Ordinary Shares traded on the ASX from September 25, 2025, to October 1, 2025. The deadline for lodging election notices for the DRP was September 24, 2025.

DRP securities will be new issues and will rank pari passu from the issue date of October 8, 2025. There are no minimum or maximum dollar amounts or number of securities required for DRP participation, nor are there any other conditions applying to DRP participation. Security holders who do not elect to participate in the DRP will receive a cash payment.