You are here
Dividend Reinvestment Plan
The UOA Limited Dividend Reinvestment Plan (‘Plan’) is an optional, to economical and convenient method by which shareholders may reinvest all or part of their dividends in additional UOA shares, without the usual costs of acquiring shares, such as brokerage and stamp duty, and at a discount on the market price of the shares.
1. FULL PARTICIPATION
This option provides for investment of all dividends on the ordinary Company shares you hold now, or may hold in the future. This includes dividends on:
- Shares currently held
- Shares issued under the Plan
- Shares issued through any future rights or bonus issues
2. PARTIAL PARTICIPATION
This option provides for investment of dividend on the ordinary Company shares at the closing date for the determination of entitlements to the relevant dividend as nominated by you. Normal dividend payments will be made in respect of the shares not participating in the Plan.
To join the Plan, you simply complete the Election Notice specifying whether you would like full or partial participation. Should you elect partial participation, please nominate the number of shares which are to participate.
If the number of the dividend rights is not exactly divisible into whole new shares, fractions will arise, whereby entitlement to 0.5 shares or more will be rounded upwards, while an entitlement to less than 0.5 shares will be rounded downwards.
The Election Notice should be returned to Advanced Share Registry Services, PO Box 1156, Nedlands, Western Australia, 6909.
Please note that your completed and signed Election Notice should be received not later than 5.00pm on the closing date for determination of entitlements to the dividend if you wish to participate in the Plan for the dividend. The Election Notice will be effective upon receipt. Participation will apply to your holding, as shown in the Share Register, from the date the Election Notice becomes effective.
Improperly completed Election Notice will be returned and will not be effective.
You may vary your level of participation or withdraw from the Plan by completing a Variation Notice.
The Variation Notice must be received by Advanced Shares Registry Services, no later than 5.00pm on the closing date for determination of entitlements to the dividend from which you wish the alteration or withdrawal to be effective if it is to be effective for that dividend, and in any case will be effective upon receipt.
The Variation Notice will apply to your holding, as shown in the Share Register, from the date it becomes effective.
Improperly completed Variation Notice will be returned and will not be effective.