Heartland Announces Strike Price for DRP

Heartland Announces Strike Price for Dividend Reinvestment Plan 25 March 2019 Heartland Group Holdings Limited (Heartland) (NZX/ASX: HGH) advises that the strike price for shares to be issued under its Dividend Reinvestment Plan (DRP) in lieu of the cash dividend payable on 29 March 2019 is $1.4709 per share. The strike price has been determined in accordance with the DRP as the volume weighted average sale price for a Heartland share calculated on all trades of Heartland shares which took place through the NZX Main Board over the period of 5 trading days immediately following the record date of 15 March 2019, less a 2.5% discount. Shareholders who have made a valid election to participate in the DRP will receive Heartland shares, instead of cash, in respect of the dividend payable on 29 March 2019. A revised NZX Corporate Action distribution notice in respect of the dividend and the new shares to be issued under the DRP is attached. - Ends - For further information please contact: Jeff Greenslade Chief Executive Officer Heartland Group Holdings Limited 021 563 593 End CA:00332422 For:HGH Type:CORPACT Time:2019-03-25 10:00:35