Filter News & Publications

DRP strike price set at $2.961506

Wednesday, 09 December 2020

Vital Healthcare Property Trust (Vital) advises that the strike price for its distribution reinvestment plan (DRP) for the first quarter of the 2021 financial year is $2.961506. The strike price reflects a 1% discount to the volume weighted average sale price for Vital during the seven calendar days commencing on the ex-date (being 2 December 2020).
This pricing is effective for the distribution payable on 17 December 2020. Vital unitholders who have elected to receive their quarterly distribution through the DRP will be issued additional units using this strike price.
– ENDS –

ENQUIRIES
Aaron Hockly
Fund Manager, Vital Healthcare Property Trust
Tel 09 973 7301, Email aaron.hockly@nwhreit.com
Michael Groth
Chief Financial Officer, NorthWest Healthcare Properties Management Limited
Tel +61 409 936 104, Email michael.groth@nwhreit.com

About Vital (NZX code VHP):
Vital Healthcare Property Trust is an NZX-listed fund that invests in high-quality healthcare properties in New Zealand and Australia including private hospitals (~80% of rent), Medical Office Buildings (~10% of rent) and aged care (~8% of rent).
Vital is the only specialist listed landlord of healthcare property in Australasia and currently has a portfolio valued at over $2.2 billion.
Vital is managed by NorthWest Healthcare Properties Management Limited, a subsidiary of Toronto Stock Exchange listed NorthWest Healthcare Properties REIT, a global owner and manager of healthcare property.
For more information, visit our website: www.vhpt.co.nz

Downloads