As you will be aware, Boundary Bend Limited (BBL) will be paying an unfranked 12 cents per share dividend on 16 February 2018 (record date 31 January 2018). The board has resolved to recommence the dividend reinvestment plan (DRP) and therefore will be offering this to all shareholders.
The price for the dividend reinvestment has been set at $8.00 per share. The board has taken into account recent share trades from pre and post the announcement of 22 November 2017 concerning the frost impact to the 2018 crop. The last price after the frost announcement was $8.00 per share.
A copy of our DRP information booklet is available on our company website http://www.boundarybend.com/investors/reports-and-publications/.
Irrespective of previous elections, to participate in the DRP, you must complete the enclosed election form and return it to our share registry either using the reply-paid envelope or sending to:
Link Market Services Limited
Locked Bag A14,
Election forms received after the dividend record date of 31 January 2018 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 call me on 0448 313 774 or email email@example.com
Company Secretary and Executive Director