Distribution Notice
Updated as at June 2023
Please note: all cash amounts in this form should be provided to 8 decimal places, including zeros (ie 0.01001000)Section 1: Issuer information | ||||
Name of issuer | Chorus Limited | |||
Financial product name/description | Ordinary shares | |||
NZX ticker code | CNU | |||
ISIN (If unknown, check on NZX website) | NZCNUE0001S2 | |||
Type of distribution (Please mark with an X in the relevant box/es) | Full Year | Quarterly | ||
Half Year | X | Special | ||
DRP applies | ||||
Record date | 17 March 2026 | |||
Ex-Date (one business day before the Record Date) | 16 March 2026 | |||
Payment date (and allotment date for DRP) | 14 April 2026 | |||
Total monies associated with the distribution1 | $104,132,951 | |||
Source of distribution (for example, retained earnings) | Retained earnings | |||
Currency | NZD | |||
Section 2: Distribution amounts per financial product | ||||
Gross distribution2 | $0.24000000 | |||
Gross taxable amount 3 | $0.24000000 | |||
Total cash distribution4 | $0.24000000 | |||
Excluded amount (applicable to listed PIEs) | $0.00000000 | |||
Supplementary distribution amount | $0.00000000 | |||
Section 3: Imputation credits and Resident Withholding Tax5 | ||||
Is the distribution imputed | Fully imputed | |||
Partial imputation | ||||
No imputation | ||||
1Continuous issuers should indicate that this is based on the number of units on issue at the date of the form
2"Gross distribution" is the total cash distribution plus the amount of imputation credits, per financial product, before the deduction of Resident Withholding Tax (RWT).
3"Gross taxable amount" is the gross distribution minus any excluded income.
4"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.
5The 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 state imputation rate as % applied6 | N/A | |
Imputation tax credits per financial product | N/A | |
Resident Withholding Tax per financial product | 0.0792000 | |
Section 4: Distribution re-investment plan (if applicable) | ||
DRP % discount (if any) | N/A | |
Start date and end date for determining market price for DRP | N/A | N/A |
Date strike price to be announced (if not available at this time) | N/A | |
Specify source of financial products to be issued under DRP programme (new issue or to be bought on market) | N/A | |
DRP strike price per financial product | N/A | |
Last date to submit a participation notice for this distribution in accordance with DRP participation terms | N/A | |
Section 5: Authority for this announcement | ||
Name of person authorised to make this announcement | Drew Davies Chief Operating Officer | |
Contact person for this announcement | Aleida White Head of Investor Relations | |
Contact phone number | + 64 21 155 8837 | |
Contact email address | aleida.white@chorus.co.nz | |
Date of release through MAP | 23/02/2026 | |
6Calculated as (imputation credits/gross taxable amount) x 100. Fully imputed dividends will be 28% as a % rate applied.