The Newcrest Dividend Reinvestment Plan (DRP) provides shareholders with a convenient way to increase their shareholding in Newcrest by reinvesting all or part of their dividends in additional shares.
Key features of the DRP are:
At each dividend payment date, dividends on shares nominated to be the subject of the DRP are automatically invested in new Newcrest shares.
No discount currently applies to allotments under the DRP.
Participants pay no brokerage or other costs. Upon allotment the shares rank equally with existing fully paid ordinary shares.
Shares allotted under the DRP are credited directly to the participant's holding.
A statement is sent to participants after each dividend payment date.
Participant's may join, vary their participation, or withdraw from the DRP at any time prior to the closing date for an allotment by completing the DRP Form and returning to the Share Registry.
The shareholder's Australian tax position in respect of the dividend payment remains unchanged whether or not such shareholder elects to participate in the DRP.
Shareholders in other jurisdictions must seek their own advice regarding taxation implication of the DRP outside Australia.
Due to legal complexities and high compliance costs shareholders in the USA, Canada or Japan may not participate in the DRP.
If you wish to participate in the DRP or vary your existing participation please complete the DRP Form and return to the Share Registry.
A copy of the DRP Rules and participation form are accessible through the following links:
For further information please contact the Newcrest share registry Link Market Services on 1300 554 474 or email@example.com