As previously advised, Boundary Bend Limited (BBL) will be paying a fully franked 10 cent per share dividend on 17 February 2014 (record date 31 January 2014). The board received a number of requests from shareholders to consider a dividend reinvestment plan and has decided to offer this as an option to shareholders.
The price for the dividend reinvestment has been set at $2.40 per share. This represents a 4% discount to the recent share sales at $2.50, as announced to shareholders on 5 November 2013.
Today you were posted a copy of our Dividend Reinvestment Plan, together with an election form and reply paid envelope. To participate in the plan, all you need to do is complete the election form (when you receive it in the post) and return to our share registry using the enclosed reply paid envelope.
Election forms received after the dividend record date (31 January 2014) will not be eligible to participate in this particular divided re-investment. It is important to note, that if you wish to receive all of your dividend in cash, no action is required.
If you have any questions please contact our company secretary Sam Beaton on 0448 313 774 or firstname.lastname@example.org