Distribution Notice
Please note: all cash amounts in this form should be provided to 8 decimal places
Section 1: Issuer information
Name of issuer | Briscoe Group Limited | ||||
Financial product name/description | Ordinary Shares | ||||
NZX ticker code | BGP | ||||
ISIN (If unknown, check on NZX | NZBGRE0001S4 | ||||
website) | |||||
Type of distribution | Full Year | X | Quarterly | ||
(Please mark with an X in the | |||||
Half Year | Special | ||||
relevant box/es) | |||||
DRP applies | |||||
Record date | 24/03/2022 | ||||
Ex-Date (one business day before the | 23/03/2022 | ||||
Record Date) | |||||
Payment date (and allotment date for | 31/03/2022 | ||||
DRP) | |||||
Total monies associated with the | $ 34,496,226.50000000 | ||||
distribution1 | |||||
Source of distribution (for example, | Retained Earnings | ||||
retained earnings) | |||||
Currency | NZD | ||||
Section 2: Distribution amounts per financial product | |||||
Gross distribution2 | $0.21527778 | ||||
Gross taxable amount 3 | $0.21527778 | ||||
Total cash distribution4 | $0.15500000 | ||||
Excluded amount (applicable to listed | $- | ||||
PIEs) | |||||
Supplementary distribution amount | $0.02735294 | ||||
Section 3: Imputation credits and Resident Withholding Tax5 | |||||
Is the distribution imputed | Fully imputed | X | |||
Partial imputation | |||||
No imputation | |||||
- Continuous issuers should indicate that this is based on the number of units on issue at the date of the form
- "Gross distribution" is the total cash distribution plus the amount of imputation credits, per financial product, before the deduction of Resident Withholding Tax (RWT).
- "Gross taxable amount" is the gross distribution minus any excluded income.
- "Total cash distribution" is the cash distribution excluding imputation credits, per financial product, before the deduction of RWT. This should include any excluded amounts, where applicable to listed PIEs.
- The imputation credits plus the RWT amount is 33% of the gross taxable amount for the purposes of this form. If the distribution is fully imputed the imputation credits will be 28% of the gross taxable amount with remaining 5% being RWT. This does not constitute advice as to whether or not RWT needs to be withheld.
If fully or partially imputed, please | 28% |
state imputation rate as % applied6 | |
Imputation tax credits per financial | $0.06027778 |
product | |
Resident Withholding Tax per | $0.01076389 |
financial product | |
Section 4: Distribution re-investment plan (if applicable)
DRP % discount (if any) | % | |
Start date and end date for | ||
determining market price for DRP | ||
Date strike price to be announced (if | ||
not available at this time) | ||
Specify source of financial products to | ||
be issued under DRP programme | ||
(new issue or to be bought on market) | ||
DRP strike price per financial product | $ | |
Last date to submit a participation | ||
notice for this distribution in | ||
accordance with DRP participation | ||
terms | ||
Section 5: Authority for this announcement | ||
Name of person authorised to make | Geoff Scowcroft | |
this announcement | ||
Contact person for this | Geoff Scowcroft | |
announcement | ||
Contact phone number | +64 275633167 | |
Contact email address | geoff@briscoes.co.nz | |
Date of release through MAP | 16/03/2022 | |
6 Calculated as (imputation credits/gross taxable amount) x 100. Fully imputed dividends will be 28% as a % rate applied.
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Disclaimer
Briscoe Group Limited published this content on 12 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2022 20:59:33 UTC.