Information on the Dividend Reinvestment Plan is detailed in the Terms and Conditions.
1. Dividend Reinvestment Plan
You may elect to have the dividends paid on some or all of your shares in AGL Energy Limited (AGL) automatically reinvested in new AGL shares. Full details of the Plan are contained in the following Terms and Conditions.
2. Participation is entirely optional
You may join the Plan for some or all of your shareholding, vary your participation or withdraw from the Plan at any time.
3. Discount on market price
Shares are provided under the Plan at a discount of up to 5% of a weighted average market price, free of transaction costs. The actual rate of discount, if any, will be determined by the Directors at the time each dividend is determined.
4. Treatment of residual amounts
You will only receive a whole number of shares under the Plan.
Where the allocation calculation would otherwise result in a fraction of a share being allocated to you, the cash amount attributable to that fraction will be retained (without interest) in your Plan Account. The amount in your Plan Account will be added to your next dividend in respect of which the Plan applies for the purposes of calculating the number of shares allocated to you under the Plan in respect of that later dividend.
5. Shares rank equally
Shares provided under the Plan are fully paid and rank equally with existing shares.
An advice will be sent to you following each payment of a dividend which will set out your participation in the Plan. Also, at the end of the month you will receive either a CHESS or Issuer Sponsored Holding Statement if there is a movement against your holding.
7 . Listing on the ASX
The Directors will apply for quotation on the ASX of any shares issued under the Plan.
Participation may be restricted if in the opinion of Directors participation would not be in the best interests of AGL, e.g. an overseas Shareholder's address is in a place where the issue may be unlawful or impracticable.
How to register, terminate or make changes to your Dividend Reinvestment Plan
To join, vary or terminate your participation, you will need to login to Link Market Services Investor Centre.
You can also complete the AGL Energy Dividend Reinvestment Plan Application or Variation Form and return it to:
Link Market Services Limited
Locked Bag A14
Sydney South NSW 1235
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