Hastie Group Activates DRP and Sets 2.5% Discount
Dividend Reinvestment Plan
Hastie Group Limited (“Hastie Group”) is pleased to announce the activation of the Dividend Reinvestment Plan (“DRP”). The DRP enables investors to reinvest their dividend entitlement in additional Hastie Group shares without any cost to investors. Participation in the DRP is completely discretionary and shareholders may alter or cancel their participation at any time.
In Hastie Group’s Prospectus issued prior to the Company’s listing in March 2005, the Directors forecast a dividend of 2.4 cents per share for the period to 30 June 2005. The Company intends to announce the actual dividend at the same time as the release of Hastie Group’s final results, which is anticipated to be 7 September 2005.
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