Heartland : Update - Dividend/Distribution - HGH

Notification of dividend / distribution

Update Summary

For personal use only

Entity name

HEARTLAND GROUP HOLDINGS LIMITED

Security on which the Distribution will be paid

HGH - ORDINARY FULLY PAID FOREIGN EXEMPT NZX

Announcement Type

Update to previous announcement

Date of this announcement

10/3/2022

Reason for the Update

This form has been updated to include the strike price for the Dividend Reinvestment Plan (DRP), and the foreign exchange rate to be used for payment of the cash dividend in Australian dollars.

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
		HEARTLAND GROUP HOLDINGS LIMITED
		1.2 Registered Number Type	Registration Number
use	ARBN
627849576
1.3 ASX issuer code
		HGH
		1.4 The announcement is
		Update/amendment to previous announcement
personal	1.4a Reason for update to a previous announcement
This form has been updated to include the strike price for the Dividend Reinvestment Plan (DRP), and the foreign
		exchange rate to be used for payment of the cash dividend in Australian dollars.
		1.4b Date of previous announcement(s) to this update
		22/2/2022
		1.5 Date of this announcement
		10/3/2022
		1.6 ASX +Security Code
		HGH
		ASX +Security Description
For	ORDINARY FULLY PAID FOREIGN EXEMPT NZX
	Part 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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Notification of dividend / distribution

personal use only

2A.4 +Record Date

2/3/2022

2A.5 Ex Date

1/3/2022

2A.6 Payment Date

16/3/2022

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")

NZD - New Zealand Dollar

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

NZD 0.06470588

2A.9a AUD equivalent to total dividend/distribution amount per +security

AUD 0.06025412

	Estimated or Actual?
	Actual
2A.9c FX rate (in format AUD 1.00 / primary currency	FX rate (in format AUD rate/primary currency rate)
rate): AUD	Primary Currency rate
AUD 1.00	NZD 1.07388316

For

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)

2A.11a If the +entity has a DRP, is the DRP 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

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Notification of dividend / distribution

2A.13 Withholding tax rate applicable to the dividend/distribution (%)

15.000000 %

	Part 3A - Ordinary dividend/distribution
only	security	3A.1a Ordinary dividend/distribution estimated amount
		3A.1 Is the ordinary dividend/distribution estimated at
		this time?	per +security
		No	NZD
		3A.1b Ordinary Dividend/distribution amount per
use	NZD 0.05500000
3A.2 Is the ordinary dividend/distribution franked?
		No
		3A.3 Percentage of ordinary dividend/distribution that is
		franked
		0.0000 %
personal	3A.4 Ordinary dividend/distribution franked amount per	3A.5 Percentage amount of dividend which is unfranked
+security	100.0000 %
		NZD 0.00000000
		3A.6 Ordinary dividend/distribution unfranked amount
		per +security excluding conduit foreign income amount
		NZD 0.05500000
	Part 3F - NZD declared dividends/distributions - supplementary dividend/distribution
		3F.1 Is a supplementary dividend/distribution payable?
		Yes
		3F.2 Is the supplementary dividend/distribution	3F.2a Supplementary dividend/distribution estimated
For	estimated at this time?	amount per +security
No	NZD
No
		3F.2b Supplementary dividend/distribution amount per +security
		NZD 0.00970588
		3F.3 Is the Supplementary dividend/distribution franked?
		3F.4 Percentage of Supplementary dividend/distribution	3F.4a Applicable corporate tax rate for franking credit
		that is franked	(%)
		0.0000 %		%
		3F.5 Supplementary dividend/distribution franked	3F.6 Percentage of Supplementary dividend/distribution
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Notification of dividend / distribution

amount per +security	that is unfranked
NZD 0.00000000	100.0000 %

3F.7 Supplementary dividend/distribution unfranked amount per security

NZD 0.00970588

only
	Part 4A - +Dividend reinvestment plan (DRP)
		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)
		4A.2 Last date and time for lodgement of election	4A.3 DRP discount rate
use	notices to share registry under DRP	2.0000 %
Thursday March 3, 2022 15:00:00
		4A.4 Period of calculation of reinvestment price
		Start Date	End Date
		3/3/2022	9/3/2022
personal	4A.5 DRP price calculation methodology
The strike price under the DRP will be 98.00 percent of the volume weighted average share price of Heartland shares
		over the 5 trading days following the Record Date.
		4A.6 DRP Price (including any discount):	4A.7 DRP +securities +issue date
		NZD 2.11047	16/3/2022
		4A.8 Will DRP +securities be a new issue?	4A.8a Do DRP +securities rank pari passu from +issue
		Yes	date?
			Yes
		4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation?
		No
		4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation?
		No
For	4A.11 Are there any other conditions applying to DRP participation?
Yes
4A.11a Conditions for DRP participation
		As at the date of the Offer Document (10 December 2018) the Plan is only available to holders of shares who have an
		address in New Zealand or Australia. However, the Board may amend this policy at any time, in its sole discretion.
		4A.12 Link to a copy of the DRP plan rules
		https://shareholders.heartland.co.nz/shareholder-resources/dividends
		4A.13 Further information about the DRP

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