Distribution Reinvestment Plan (DRP) summary

The DRP issue price with respect to the final distribution for the six months ended 30 June 2010 is $3.69.  

The DRP issue price is the average of the daily volume weighted average market price of APA Group securities traded on the ASX over the period of 10 trading days ending on 8 September 2010, less the discount of 2.5%.  

The new securities issued under the DRP will rank equally with existing securities. The DRP securities will be issued on the distribution payment date of 15 September 2010.

Details of the DRP participation rate and DRP issue price are provided below.

Distribution per stapled security 17 cents
Total distribution before DRP participation  $92,194,166.93 
DRP participation rate 37.57%
DRP issue price $3.69
Distribution to be paid in cash $57,616,200.21
Stapled securities issued under the DRP 9,370,489
Equity created $34,577,973.68
Distribution payment date 15 September 2010
Total stapled securities on issue subsequent to the DRP 551,689,118

 

 

 

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