Notification of dividend / distribution
Update Summary
Entity name
BEACH ENERGY LIMITED
Security on which the Distribution will be paid
BPT - ORDINARY FULLY PAID
Announcement Type
Update to previous announcement
Date of this announcement
Wednesday March 15, 2017
Reason for the Update
Inclusion of DRP price.
Additional Information
Nil
Refer to below for full details of the announcement
Announcement Details
Part 1 - Entity and announcement details
Name of +Entity
BEACH ENERGY LIMITED
Registered Number Type
ABN
20007617969
Registration Number
ASX issuer code
BPT
The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
Inclusion of DRP price.
b Date of previous announcement(s) to this update
Monday February 20, 2017
Date of this announcement
Wednesday March 15, 2017
ASX +Security Code
BPT
ASX +Security Description
ORDINARY FULLY PAID
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)
Saturday December 31, 2016
2A.4 +Record Date
Friday March 3, 2017
2A.5 Ex Date
Thursday March 2, 2017
2A.6 Payment Date
Friday March 31, 2017
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")
AUD - Australian Dollar
2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form
AUD 0.01000000
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
Part 3A - Ordinary dividend/distribution
3A.1 Is the ordinary dividend/distribution estimated at this time?
No
3A.1b Ordinary Dividend/distribution amount per security
AUD 0.01000000
3A.2 Is the ordinary dividend/distribution franked?
Yes
3A.3 Percentage of ordinary dividend/distribution that is franked 100.0000 %
3A.4 Ordinary dividend/distribution franked amount per +security
AUD 0.01000000
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
AUD 0.00000000
Part 4A - +Dividend reinvestment plan (DRP)
2A.11a(i) DRP Status in respect of this dividend/distribution
Full DRP
3A.1a Ordinary dividend/distribution estimated amount per +security
AUD
3A.2a Is the ordinary dividend/distribution fully franked?
Yes
3A.3a Applicable corporate tax rate for franking credit (%)
30.0000 %
3A.5 Percentage amount of dividend which is unfranked
0.0000 %
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 notices to share registry under DRP
Monday March 6, 2017 17:00:00
4A.3 DRP discount rate
2.5000 %
4A.4 Period of calculation of reinvestment price
Start Date
Wednesday March 8, 2017
4A.5 DRP price calculation methodology
End Date
Tuesday March 14, 2017
5 day trading period will commence on 8 March 2017 and end after 14 March 2017.
4A.6 DRP Price (including any discount):
AUD 0.69200
4A.8 Will DRP +securities be a new issue?
Yes
4A.7 DRP +securities +issue date
Friday March 31, 2017
4A.8a Do DRP +securities rank pari passu from
+issue 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
4A.11 Are there any other conditions applying to DRP participation?
Yes
4A.11a Conditions for DRP participation
See DRP plan rules in question 4A.12.
4A.12 Link to a copy of the DRP plan rules
http://tinyurl.com/zcdkl5z
4A.13 Further information about the DRP
See DRP plan rules in question 4A.12.
Part 5 - Further information
Please provide any further information applicable to this dividend/distribution
Nil
Additional information for inclusion in the Announcement Summary
Nil
Beach Energy Limited published this content on 15 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 March 2017 04:24:08 UTC.
Original documenthttp://www.beachenergy.com.au/irm/PDF/6521_0/UpdateDividendDistributionBPT
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