CTI Logistics : Update - Dividend/Distribution - CLX

Notification of dividend / distribution

Update Summary

For personal use only

Entity name

CTI LOGISTICS LIMITED

Security on which the Distribution will be paid

CLX - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

10/3/2022

Reason for the Update

Update to confirm DRP discount rate of 2.5 percent

Refer to below for full details of the announcement

Notification of dividend / distribution

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Notification of dividend / distribution

Announcement Details

only
	Part 1 - Entity and announcement details
		1.1 Name of +Entity
		CTI LOGISTICS LIMITED
		1.2 Registered Number Type	Registration Number
use	ABN
69008778925
1.3 ASX issuer code
		CLX
		1.4 The announcement is
		Update/amendment to previous announcement
personal	1.4a Reason for update to a previous announcement
Update to confirm DRP discount rate of 2.5 percent
		1.4b Date of previous announcement(s) to this update
		25/2/2022
		1.5 Date of this announcement
		10/3/2022
		1.6 ASX +Security Code
		CLX
		ASX +Security Description
For	ORDINARY FULLY PAID
	Pa t 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution Ordinary

2A.2 The Dividend/distribution: relates to a period of six months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

31/12/2021

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use only

Notification of dividend / distribution

2A.4 +Record Date

9/3/2022

2A.5 Ex Date

8/3/2022

2A.6 Payment Date

8/4/2022

2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?

Security holder approval

Court approval

Lodgement of court order with +ASIC

ACCC approval

FIRB approval

Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

No

2A.8 Currency in which the dividend/distribution is made ("primary currency")

AUD - Australian Dollar

For personal

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form

AUD 0.02500000

2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market? No

2A.11 Does the entity have a securities plan for dividends/distributions on this +security?

We have a Dividend/Distribution Reinvestment Plan (DRP) We have a Bonus +Security Plan or equivalent (BSP)

2A.11a If the +entity has a DRP, is the DRP applicable to this dividend/distribution?

Yes

2A.11b If the +entity has a BSP, is the BSP applicable to this dividend/distribution?

Yes

2A.12 Does the +entity have tax component information apart from franking?

No

2A.11a(i) DRP Status in respect of this dividend/distribution

Full DRP

2A.11b(i) BSP status in respect of this dividend/distribution

Full BSP offered

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AUD 1.01000

Notification of dividend / distribution

4A.6 DRP Price (including any discount):

4A.5 DRP price calculation methodology

3/3/2022

Start Date

4A.4 Period of calculation of reinvestment price

Thursday March 10, 2022 20:00:00

4A.2 Last date and time for lodgement of election notices to share registry under DRP

AUD 0.00000000

3A.7 Ordinary dividend/distribution conduit foreign income amount per security

AUD 0.00000000

3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount

AUD 0.02500000

3A.4 Ordinary dividend/distribution franked amount per +security

100.0000 %

3A.2 Is the ordinary dividend/distribution franked? Yes

AUD 0.02500000

3A.1b Ordinary Dividend/distribution amount per security

onlyuse personalPart 4A - +Dividend reinvestment plan (DRP) For

3A.1 Is the ordinary dividend/distribution estimated at this time?

No

Notification of dividend / distribution

Part 3A - Ordinary dividend/distribution

8/4/2022

4A.7 DRP +securities +issue date

The Market Price of a Share means the price determined by the Board to be the volume weighted average market price of all Shares sold on ASX on the five Business Days immediately preceding and inclusive of the Record Date.

9/3/2022

End Date

2.5000 %

4A.3 DRP discount rate

4A.1 What is the default option if +security holders do not indicate whether they want to participate in the DRP? Do not participate in DRP (i.e. cash payment)

0.0000 %

3A.5 Percentage amount of dividend which is unfranked

30.0000 %

3A.3 Percentage of ordinary dividend/distribution that is franked

3A.3a Applicable corporate tax rate for franking credit

(%)

3A.2a Is the ordinary dividend/distribution fully franked? Yes

AUD

3A.1a Ordinary dividend/distribution estimated amount per +security

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4B.9 Is there a minimum dollar amount or number of +securities required for BSP participation?

4B.8 Will BSP +securities be a new issue? Yes

4B.8a Do BSP +securities rank pari passu from +issue date?

Yes

AUD 1.0100

8/4/2022

4B.6 BSP Price (including any discount)

4B.7 BSP +securities +issue date

The Market Price of a Share means the price determined by the Board to be the volume weighted average market price of all Shares sold on ASX on the five Business Days immediately preceding and inclusive of the Record Date.

4B.5 BSP price calculation methodology

3/3/2022

9/3/2022

Start Date

End Date

4B.4 Period of calculation of BSP price

Thursday March 10, 2022 20:00:00

2.5000 %

4B.2 Last date and time for lodgement of election notices to share registry under BSP

4B.3 BSP discount rate

4B.1 What is the default option if +security holders do not indicate whether they want to participate in the BSP? Do not participate in BSP (i.e. cash payment)

4A.13 Further information about the DRP

http://www.ctilogistics.com/wp-content/uploads/2017/08/CTI-BSP-and-DRP-August-2017.pdf

4A.12 Link to a copy of the DRP plan rules

Non Resident Shareholders

The Board may determine that a shareholder is not eligible to participate in the DRP if the registered address of that Shareholder is in a country or place where the offer of a right to so participate would or might be unlawful, impossible or impracticable.

4A.11a Conditions for DRP participation

4A.11 Are there any other conditions applying to DRP participation? Yes

4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation? No

onlyuse personalPart 4B - Bonus +security plan or equivalent (BSP) For

4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation? No

4A.8 Will DRP +securities be a new issue? Yes

4A.8a Do DRP +securities rank pari passu from +issue date?

Yes

Notification of dividend / distribution