Accordant : Distribution Notice – June 2021

Template

Distribution Notice

Updated as at 18 December 2019

Please note: all cash amounts in this form should be provided to 8 decimal places

Section 1: Issuer information

Name of issuer	Accordant Group Limited
Financial product name/description	Ordinary Shares and Restricted Shares
NZX ticker code	AGL
ISIN (If unknown, check on NZX	NZAWFE0001S8
website)
Type of distribution	Full Year	X	Quarterly
(Please mark with an X in the
Half Year		Special
relevant box/es)
DRP applies
Record date	18/06/2021
Ex-Date (one business day before the	17/06/2021
Record Date)
Payment date (and allotment date for	30/06/2021
DRP)
Total monies associated with the	$ 2886116
distribution1
Source of distribution (for example,	Retained earnings
retained earnings)
Currency	NZD
Section 2: Distribution amounts per financial product
Gross distribution2	$0.11388889
Gross taxable amount 3	$0.11388889
Total cash distribution4	$.08200000
Excluded amount (applicable to listed	$NIL
PIEs)
Supplementary distribution amount	$NIL
Section 3: Imputation credits and Resident Withholding Tax5
Is the distribution imputed	Fully imputed - fully imputed
	Partial imputation
	No imputation

1. Continuous issuers should indicate that this is based on the number of units on issue at the date of the form
2. "Gross distribution" is the total cash distribution plus the amount of imputation credits, per financial product, before the deduction of Resident Withholding Tax (RWT).
3. "Gross taxable amount" is the gross distribution minus any excluded income.
4. "Total cash distribution" is the cash distribution excluding imputation credits, per financial product, before the deduction of RWT. This should include any excluded amounts, where applicable to listed PIEs.
5. The imputation credits plus the RWT amount is 33% of the gross taxable amount for the purposes of this form. If the distribution is fully imputed the imputation credits will be 28% of the gross taxable amount with remaining 5% being RWT. This does not constitute advice as to whether or not RWT needs to be withheld.

If fully or partially imputed, please	28%
state imputation rate as % applied6
Imputation tax credits per financial	$0.03188889
product
Resident Withholding Tax per	$0.00569444
financial product

Section 4: Distribution re-investment plan (if applicable)

DRP % discount (if any)	NIL
Start date and end date for
determining market price for DRP
Date strike price to be announced (if
not available at this time)
Specify source of financial products to
be issued under DRP programme
(new issue or to be bought on market)
DRP strike price per financial product	$
Last date to submit a participation
notice for this distribution in
accordance with DRP participation
terms
Section 5: Authority for this announcement
Name of person authorised to make	Patrick McCann
this announcement
Contact person for this	Patrick McCann
announcement
Contact phone number	09 526 8775
Contact email address	[e-mail]
Date of release through MAP	31/05/2021

6 Calculated as (imputation credits/gross taxable amount) x 100. Fully imputed dividends will be 28% as a % rate applied.