PINNACLE INVESTMENT

PNI
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Pinnacle Investment Management : Update - Dividend/Distribution - PNI

03/14/2022 | 08:00pm

Notification of dividend / distribution

Update Summary

For personal use only

Entity name

PINNACLE INVESTMENT MANAGEMENT GROUP LIMITED

Security on which the Distribution will be paid

PNI - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

15/3/2022

Reason for the Update

Update to Part 2B - Currency Information

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

PINNACLE INVESTMENT MANAGEMENT GROUP LIMITED

1.2 Registered Number Type

Registration Number

use

ACN

100325184

1.3 ASX issuer code

PNI

1.4 The announcement is

Update/amendment to previous announcement

personal

1.4a Reason for update to a previous announcement

Update to Part 2B - Currency Information

1.4b Date of previous announcement(s) to this update

14/3/2022

1.5 Date of this announcement

15/3/2022

1.6 ASX +Security Code

PNI

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

Notification of dividend / distribution

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Notification of dividend / distribution

2A.4

+Record Date

4/3/2022

2A.5

Ex Date

3/3/2022

only

2A.6 Payment Date

18/3/2022

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

use

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

personal

2A.9 Total dividend/distribution payment amount per

+security (in primary currency) for all

dividends/distributions notified in this form

AUD 0.17500000

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?

Yes

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

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

this dividend/distribution?

dividend/distribution

Yes

Full DRP

For

2A.12 Does the +entity have tax component information

apart from franking?

No

Part 2B - Currency Information

2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand and/or USD to residents of the U.S.A.).

Yes

Notification of dividend / distribution

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personal use only

Notification of dividend / distribution

2B.2 Please provide a description of your currency arrangements

Where a shareholder has nominated an Australian or New Zealand bank account for receipts of payments, payments will be made by direct credit in AUD or NZD as applicable.

In the absence of any such nomination, payments will be made as follows:

  • shareholders with a registered address in New Zealand will receive payment by direct credit in NZD (when they provide a New Zealand bank account); and
  • all other shareholders will be paid in AUD.

Payments in NZD referred to above will be converted from AUD prior to the dividend payment date.

2B.2a Other currency/currencies in which the dividend/distribution will be paid:

Currency

Payment currency equivalent amount per security

NZD - New Zealand Dollar

NZD 0.18555057

2B.2b Please provide the exchange rates used for non-primary currency payments

AUD/NZD 1.060289

2B.2c If payment currency equivalent and exchange

Estimated or Actual?

rates not known, date for information to be released

Actual

14/3/2022

2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the default arrangements?

Yes

2B.3a Please describe what choices are available to a securityholder to receive a currency different to the currency they would receive under the default arrangements

Shareholders can elect to receive dividends in New Zealand currency.

2B.3b Date and time by which any document or communication relating to the above arrangements must be received in order to be effective for this dividend/distribution

Friday March 4, 2022 17:00:00

2B.3c Please provide, or indicate where relevant forms can be obtained and how and where they must be lodged

Shareholders can either provide their bank details to the Company's share registry online or download a form to be lodged with the Company's share registry athttps://www-au.computershare.com/Investor/#Home. Alternatively, the share registry can be contacted directly by calling 1300 552 270 (within Australia) or +61 3 9415 4000 (outside Australia).

Part 3A - Ordinary dividend/distribution

For

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

this time?

No

3A.1b Ordinary Dividend/distribution amount per

security

AUD 0.17500000

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

AUD

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

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

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Notification of dividend / distribution

3A.3

Percentage of ordinary dividend/distribution that is

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

franked

(%)

100.0000 %

30.0000 %

3A.4

Ordinary dividend/distribution franked amount per

3A.5 Percentage amount of dividend which is unfranked

only

+security

0.0000 %

AUD 0.17500000

3A.6

Ordinary dividend/distribution unfranked amount

per +security excluding conduit foreign income amount

AUD 0.00000000

3A.7

Ordinary dividend/distribution conduit foreign

income amount per security

use

AUD 0.00000000

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?

personal

Do not participate in DRP (i.e. cash payment)

4A.2

Last date and time for lodgement of election

4A.3 DRP discount rate

notices to share registry under DRP

0.0000 %

Friday March 11, 2022 17:00:00

4A.4

Period of calculation of reinvestment price

Start Date

End Date

7/3/2022

11/3/2022

4A.5

DRP price calculation methodology

Volume weighted average price

4A.6

DRP Price (including any discount):

4A.7 DRP +securities +issue date

AUD 9.51700

18/3/2022

4A.8

Will DRP +securities be a new issue?

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

Yes

date?

For

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

4A.11 Are there any other conditions applying to DRP participation? No

Notification of dividend / distribution

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Pinnacle Investment Management Group Limited published this content on 15 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2022 00:59:02 UTC.

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