Distribution Notice
Please note: all cash amounts in this form should be provided to 8 decimal places
Section 1: Issuer information
Name of issuer | Briscoe Group Limited | ||||
Financial product name/description | Ordinary Shares | ||||
NZX ticker code | BGP | ||||
ISIN (If unknown, check on NZX | NZBGRE0001S4 | ||||
website) | |||||
Type of distribution | Full Year | X | Quarterly | ||
(Please mark with an X in the | |||||
Half Year | Special | ||||
relevant box/es) | |||||
DRP applies | |||||
Record date | 24/03/2022 | ||||
Ex-Date (one business day before the | 23/03/2022 | ||||
Record Date) | |||||
Payment date (and allotment date for | 31/03/2022 | ||||
DRP) | |||||
Total monies associated with the | $ 34,496,226.50000000 | ||||
distribution1 | |||||
Source of distribution (for example, | Retained Earnings | ||||
retained earnings) | |||||
Currency | NZD | ||||
Section 2: Distribution amounts per financial product | |||||
Gross distribution2 | $0.21527778 | ||||
Gross taxable amount 3 | $0.21527778 | ||||
Total cash distribution4 | $0.15500000 | ||||
Excluded amount (applicable to listed | $- | ||||
PIEs) | |||||
Supplementary distribution amount | $0.02735294 | ||||
Section 3: Imputation credits and Resident Withholding Tax5 | |||||
Is the distribution imputed | Fully imputed | X | |||
Partial imputation | |||||
No imputation | |||||
- Continuous issuers should indicate that this is based on the number of units on issue at the date of the form
- "Gross distribution" is the total cash distribution plus the amount of imputation credits, per financial product, before the deduction of Resident Withholding Tax (RWT).
- "Gross taxable amount" is the gross distribution minus any excluded income.
- "Total cash distribution" is the cash distribution excluding imputation credits, per financial product, before the deduction of RWT. This should include any excluded amounts, where applicable to listed PIEs.
- The imputation credits plus the RWT amount is 33% of the gross taxable amount for the purposes of this form. If the distribution is fully imputed the imputation credits will be 28% of the gross taxable amount with remaining 5% being RWT. This does not constitute advice as to whether or not RWT needs to be withheld.
If fully or partially imputed, please | 28% |
state imputation rate as % applied6 | |
Imputation tax credits per financial | $0.06027778 |
product | |
Resident Withholding Tax per | $0.01076389 |
financial product | |
Section 4: Distribution re-investment plan (if applicable)
DRP % discount (if any) | % | |
Start date and end date for | ||
determining market price for DRP | ||
Date strike price to be announced (if | ||
not available at this time) | ||
Specify source of financial products to | ||
be issued under DRP programme | ||
(new issue or to be bought on market) | ||
DRP strike price per financial product | $ | |
Last date to submit a participation | ||
notice for this distribution in | ||
accordance with DRP participation | ||
terms | ||
Section 5: Authority for this announcement | ||
Name of person authorised to make | Geoff Scowcroft | |
this announcement | ||
Contact person for this | Geoff Scowcroft | |
announcement | ||
Contact phone number | +64 275633167 | |
Contact email address | geoff@briscoes.co.nz | |
Date of release through MAP | 16/03/2022 | |
6 Calculated as (imputation credits/gross taxable amount) x 100. Fully imputed dividends will be 28% as a % rate applied.