News Release

For release: 18 May 2018

Further information on ANZ's DRP Neutralisation

Further to ANZ's announcement on1 May 2018 that it intends to neutralise the impact of shares provided under the Dividend Reinvestment Plan (DRP) in relation to the 2018 Interim Dividend, we further advise that:

  • Merrill Lynch Equities (Australia) Limited has been appointed to execute the on-market share purchase itself or through its related bodies corporate.

  • Shares up to a value of approximately $200 million are expected to be purchased on-market to satisfy our obligations under the DRP.

  • The DRP pricing period begins today and finishes on 31 May 2018 (inclusive). The on-market purchase of shares is expected to occur during the DRP pricing period.

DRP participants do not need to take any action in respect of this in order to receive shares under the DRP.

ANZ does not intend to purchase shares in relation to the current $1.5 billion buyback during this period.

For media enquiries contact:

For shareholder enquiries contact:

Stephen Ries

Computershare

Tel: +61 409 655 551

1800 11 33 99

+613 9415 4010 (international callers)

Australia and New Zealand Banking Group Limited

ABN 11 005 357 522

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ANZ - Australia & New Zealand Banking Group Ltd. published this content on 18 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 May 2018 08:23:02 UTC