WESFARMERS LIMITED Notification of dividend / distribution
Announcement Summary
For personal use only
Entity name
WESFARMERS LIMITED
Security on which the Distribution will be paid
WES - ORDINARY FULLY PAID
Announcement Type
New announcement
Date of this announcement
16/2/2022
Distribution Amount
AUD 0.80000000
Ex Date
22/2/2022
Record Date
23/2/2022
Payment Date
30/3/2022
DRP election date
Thursday February 24, 2022 20:00:00
Additional Information
The Payment Date is 30/3/2022, other than in relation to the unquoted shares issued under the Key Executive Equity Performance Plan (KEEPP) where the payment date will be deferred until vesting and quotation of the shares.
Refer to below for full details of the announcement
Notification of dividend / distribution | 1 / 6 |
Registration Number
008984049
2 / 6
Notification of dividend / distribution
only
2A.6 Payment Date 30/3/2022
2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?
Security holder approval
Court approval
Lodgement of court order with +ASIC
ACCC approval
FIRB approval
Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.
No
2A.8 Currency in which the dividend/distribution is made ("primary currency")
AUD - Australian Dollar
personal use
2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form
AUD 0.80000000
2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market? Yes
2A.11 Does the entity have a securities plan for dividends/distributions on this +security?
We have a Dividend/Distribution Reinvestment Plan (DRP)
2A.11a If the +entity has a DRP, is the DRP applicable to this dividend/distribution?
Yes
2A.12 Does the +entity have tax component information apart from franking?
No
2A.11a(i) DRP Status in respect of this dividend/distribution
Full DRP
Part 2B - Currency Information
For
2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand and/or USD to residents of the U.S.A.).
Yes
2B.2 Please provide a description of your currency arrangements
Wesfarmers shareholders will be paid dividends by direct credit into their bank account in Australian Dollars (AUD), New Zealand Dollars (NZD) or Pound Sterling (GBP). Shareholders, regardless of their registered address, may elect to receive their dividend payment in AUD, NZD or GBP by nominating a bank account in the nominated currency. Shareholders who have a registered address outside of Australia, New Zealand or the United Kingdom who have not nominated a valid bank account will receive their dividends as an AUD cheque mailed to their registered address.
Notification of dividend / distribution | 3 / 6 |
Notification of dividend / distribution
2B.2a Other currency/currencies in which the dividend/distribution will be paid: | ||
Currency | Payment currency equivalent amount per security | |
only | GBP - Pound Sterling | GBP |
NZD - New Zealand Dollar | NZD | |
2B.2b Please provide the exchange rates used for non-primary currency payments | ||
2B.2c If payment currency equivalent and exchange | Estimated or Actual? | |
rates not known, date for information to be released | Actual | |
use | 24/2/2022 | |
2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the | ||
default arrangements? | ||
Yes | ||
2B.3a Please describe what choices are available to a securityholder to receive a currency different to the currency | ||
they would receive under the default arrangements | ||
Subject to Wesfarmers' Direct Credit Policy, a shareholder can elect to receive their dividend payment in either AUD, NZD | ||
or GBP. | ||
2B.3b Date and time by which any document or communication relating to the above arrangements must be received in order to be effective for this dividend/distribution
Thursday February 24, 2022 20:00:00
2B.3c Please provide, or indicate where relevant forms can be obtained and how and where they must be lodged
Shareholders who wish to change or vary the way they currently receive dividends must provide instructions to the Share Registry by the relevant record date, in one of the following ways:
- Online by visitinghttp://www.computershare.com.au/easyupdate/wes; or
- Contact Wesfarmers' Share Registry on 1300 558 062 (within Australia) or +61 3 9415 4631 (outside Australia) for further information or to request a Direct Credit form for completion and return by the relevant record date.
personal | ||||
Part 3A - Ordinary dividend/distribution | ||||
For | 3A.1 Is the ordinary dividend/distribution estimated at | 3A.1a Ordinary dividend/distribution estimated amount | ||
this time? | per +security | |||
No | AUD | |||
3A.1b Ordinary Dividend/distribution amount per | ||||
security | ||||
AUD 0.80000000 | ||||
3A.2 Is the ordinary dividend/distribution franked? | 3A.2a Is the ordinary dividend/distribution fully franked? | |||
Yes | Yes |
Notification of dividend / distribution | 4 / 6 |
Notification of dividend / distribution
3A.3 | Percentage of ordinary dividend/distribution that is | 3A.3a Applicable corporate tax rate for franking credit | |||
franked | (%) | ||||
100.0000 % | 30.0000 % | ||||
3A.4 | Ordinary dividend/distribution franked amount per | 3A.5 Percentage amount of dividend which is unfranked | |||
only | +security | 0.0000 % | |||
AUD 0.80000000 | |||||
3A.6 | Ordinary dividend/distribution unfranked amount | ||||
per +security excluding conduit foreign income amount | |||||
AUD 0.00000000 | |||||
3A.7 | Ordinary dividend/distribution conduit foreign | ||||
income amount per security | |||||
AUD 0.00000000 | |||||
Part 4A - +Dividend reinvestment plan (DRP) | |||||
use | 4A.1 | What is the default option if +security holders do not indicate whether they want to participate in the DRP? | |||
Do not participate in DRP (i.e. cash payment) | |||||
personal | 4A.2 | Last date and time for lodgement of election | 4A.3 DRP discount rate | ||
notices to share registry under DRP | % | ||||
Thursday February 24, 2022 20:00:00 | |||||
4A.4 | Period of calculation of reinvestment price | ||||
Start Date | End Date | ||||
28/2/2022 | 18/3/2022 | ||||
4A.5 | DRP price calculation methodology | ||||
The allocation price will be calculated as the average of the daily volume weighted average price of Wesfarmers Limited | |||||
shares, excluding trades which are not considered to reflect normal supply and demand, on each of the 15 consecutive | |||||
trading days during the period from 28 February 2022 to 18 March 2022 inclusive. | |||||
4A.6 | DRP Price (including any discount): | 4A.7 DRP +securities +issue date | |||
AUD | |||||
For | 4A.8 | Will DRP +securities be a new issue? | |||
No | |||||
4A.9 | Is there a minimum dollar amount or number of +securities required for DRP participation? | ||||
No
4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation? No
4A.11 Are there any other conditions applying to DRP participation? Yes
Notification of dividend / distribution | 5 / 6 |
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Wesfarmers Ltd. published this content on 16 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 February 2022 21:19:56 UTC.
