Dividend Reinvestment Scheme Share Price Determined

DIVIDEND REINVESTMENT SCHEME SHARE PRICE DETERMINED Property for Industry Limited (PFI) advises that the share price used to calculate entitlements under the Dividend Reinvestment Scheme (DRS) has been set at $2.6885. This is the volume weighted average sale price of all trades of PFI shares which took place through the NZX Main Board over the period of five trading days immediately following the Ex-Date (being 10 September 2020), less a 2.0% discount. The new shares will be issued on the dividend payment date (being 22 September 2020) to those shareholders who have elected to participate in the DRS. ENDS ABOUT PFI & CONTACT PFI is an NZX listed property vehicle specialising in industrial property. PFI's nationwide portfolio of 93 properties is leased to 140 tenants. For further information please contact: SIMON WOODHAMS Chief Executive Officer --- Phone: +64 21 749 770 Email: woodhams@propertyforindustry.co.nz --- CRAIG PEIRCE Chief Finance and Operating Officer --- Phone: +64 21 248 6301 Email: peirce@propertyforindustry.co.nz --- Property for Industry Limited Shed 24, Prince's Wharf, 147 Quay Street, Auckland 1010 PO Box 1147, Shortland Street, Auckland 1140 --- www.propertyforindustry.co.nz End CA:00360023 For:PFI Type:CORPACT Time:2020-09-18 11:48:13