ARG announces second quarter dividend

Argosy Property Limited (Company) has announced a second quarter (for the period to 30 September) cash dividend for the 2020 financial year of 1.56875 cents per share. Imputation credits of 0.264931 cents per share will be attached to the dividend representing income tax paid by the Company. Overseas investors will receive an additional supplementary dividend of 0.120221 cents per share to offset non-resident withholding tax. As Argosy is a PIE the dividend is able to be treated as excluded income for New Zealand income tax purposes. For shareholders who choose to include the dividend in their New Zealand income tax return the Company's second quarter dividend of 1.56875 cents per share is made up of: - a fully imputed dividend of 0.681250 cents per share with imputation credits of 0.264931 cents per share attached; and - an excluded distribution of 0.887500 cents per share. Shareholders who treat the entire dividend as excluded income for New Zealand income tax purposes will not be able to claim the imputation credits. The record date for the dividend is 5 December 2019 and the payment date is 19 December 2019. An Election Notice can be obtained by contacting Computershare on (09) 488 8777. End CA:00344556 For:ARG Type:CORPACT Time:2019-11-20 08:31:05