Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
AVJENNINGS LIMITED
Security
AVJENNINGS LIMITED - AU000000AVJ0 - A05

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
21-Jul-2025 07:35:21
Status
New
Corporate Action Reference
SG250721DVCAJ54D
Submitted By (Co./ Ind. Name)
Chrishanthi Halliday
Designation
Assistant Company Secretary
Dividend/ Distribution Number
Not Applicable
Dividend/ Distribution Type
Special
Declared Dividend/ Distribution Rate (Per Share/ Unit)
AUD 0.167

Event Narrative

Narrative Type
Narrative Text
Additional TextPM Nominees C Pty Ltd proposes to acquire all of the ordinary shares of AVJennings Limited pursuant to a scheme of arrangement as set out in more detail in the Scheme Booklet for the transaction dated 9 May 2025. This proposed dividend is conditional on the Scheme becoming 'effective'.
Additional TextThe Scheme is expected to become 'effective' on 24 July 2025 when, subject to the Court approving the Scheme at the Second Court Hearing scheduled for 23 July 2025, court orders approving the scheme are lodged with the Australian Securities & Investments Commission (ASIC).
Additional TextAVJennings Shareholders who have their AVJennings Shares quoted on SGX GlobalQuote should refer to section 3.10 of the Scheme Booklet for information on how their dividends will be paid.

Event Dates

Record Date
29/07/2025
Ex Date
28/07/2025

Dividend Details

Payment Type
Tax Not Applicable
Gross Rate (Per Share)
AUD 0.167
Net Rate (Per Share)
AUD 0.167
Pay Date
06/08/2025
Gross Rate Status
Actual Rate
Country of Income
Australia

Attachments

Applicable for REITs/ Business Trusts/ Stapled Securities