Investor Centre |
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Barramundi holds their share register with the company below.
Computershare - Online Registry Services You can perform the following on-line functions:
To do any of the above click here. Enter the Company Code “BRM”, your Holder Account Number and FIN and click submit. If you want to transfer your shares to another holding you may download an Off Market Transfer Form by clicking here. Send the completed transfer form direct to Computershare at Private Bag 92119, Auckland.
Click here to be taken to our Corporate Governance page which has all our policies in PDF format for downloading. Click on the reports below to read more:
Annual and Interim Reports
Barramundi Update newsletters are produced for the March and September quarters:
If you do not already have the free Acrobat Reader software you will need to
download it from the Adobe website before you can view and print these articles. Click on the reports below to read more: ASM Minutes
Presentations
If you do not already have the free Acrobat Reader software you will need to
download it from the Adobe website before you can view and print these articles. Dividend Policy
As an investment company investing in growth companies, Barramundi can be expected to generate greater long-term value for shareholders through capital growth than through dividend income. However, the Board recognises the importance of dividends to many shareholders and announced a new dividend policy on 21 August 2009. Under the new long-term distribution policy Barramundi will pay out to shareholders 2% per quarter of its average Net Asset Value (NAV).
Payment dates
The payments will be made in March, June, September and December.
How will Barramundi pay the dividends
To meet the payments, Barramundi will firstly utilise income from its investments and realised capital gains. If these are insufficient to cover the targeted payout Barramundi will then liquidate part of its capital base and return it to shareholders.
Tax on dividends
As a Portfolio Investment Entity (PIE), these distributions will be tax-free to NZ Resident Barramundi shareholders. Investors in Barramundi Limited should refer to ‘PIE regime’ under the FAQ’s section of the website or their financial advisor for further information. The Directors intend that imputation credits will be attached to dividends to the fullest extent possible. To the extent that the dividend is not imputed, the dividend should be treated as excluded income for New Zealand resident investors.
Dividend Reinvestment Plan (DRP)
Barramundi’s DRP offers shareholders the opportunity to apply all or part of any cash dividends or any other distributions payable to shareholders in subscribing for additional Barramundi ordinary shares and thereby increase their investment in Barramundi.
Dividends are reinvested at a 3% discount to the current market price, being the weighted average selling price on the first five days immediately following the record date.
Please click here for a copy of the DRP.
For a DRP participation form please contact Computershare, our share registrar, on 09 488 8777 or at enquiry@computershare.co.nz
Forms need to be requested directly from Computershare so that they can be personalised and include the number of shares owned by the shareholder wishing to elect into the DRP.
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