Australian Foundation Investment : Dividend/Distribution - AFI

Notification of dividend / distribution

Announcement Summary

For personal use only

Entity name

AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED

Security on which the Distribution will be paid

AFI - ORDINARY FULLY PAID

Announcement Type

New announcement

Date of this announcement

24/1/2022

Distribution Amount

AUD 0.10000000

Ex Date

9/2/2022

Record Date

10/2/2022

Payment Date

25/2/2022

DRP election date

Friday February 11, 2022 17:00:00

Refer to below for full details of the announcement

Notification of dividend / distribution

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2A.4 +Record Date 10/2/2022

2A.5 Ex Date 9/2/2022

Notification of dividend / distribution

31/12/2021

relates to a period of six months

2A.2 The Dividend/distribution:

Ordinary

2A.1 Type of dividend/distribution

ORDINARY FULLY PAID

ASX +Security Description

AFI

1.6 ASX +Security Code

24/1/2022

1.5 Date of this announcement

1.4 The announcement is New announcement

AFI

1.3 ASX issuer code

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

ABN

1.2 Registered Number Type

1.1 Name of +Entity

onlyPart 1 - Entity and announcement details

usepersonalPart 2A - All dividends/distributions basic details For

AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED

Notification of dividend / distribution

Announcement Details

Registration Number

56004147120

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Notification of dividend / distribution

2A.6 Payment Date 25/2/2022

		2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?
		Security holder approval
only	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")
use	AUD - Australian Dollar
2A.9 Total dividend/distribution payment amount per
		+security (in primary currency) for all
		dividends/distributions notified in this form
		AUD 0.10000000
personal	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)
		We have a Bonus +Security Plan or equivalent (BSP)
		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
		2A.11b If the +entity has a BSP, is the BSP applicable to	2A.11b(i) BSP status in respect of this
		this dividend/distribution?	dividend/distribution
		Yes	Full BSP offered
		2A.12 Does the +entity have tax component information
		apart from franking?
For	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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Notification of dividend / distribution

		2B.2 Please provide a description of your currency arrangements
		Shareholders resident in New Zealand default to having a dividend converted to NZD.
		Shareholders resident in Great Britain, Isle of Man, Guernsey or Jersey will default to receiving a dividend converted to
		GBP.
		All other shareholders default to receiving an AUD dividend.
only	Other shareholders will be paid in AUD, NSD or GBP if they have provided an AU, NZ or GB financial institution account
details.
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
use	GBP - Pound Sterling	GBP
2B.2b Please provide the exchange rates used for non-primary currency payments
		2B.2c If payment currency equivalent and exchange	Estimated or Actual?
		rates not known, date for information to be released	Actual
		16/2/2022
personal	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
Shareholder who provide the share registry with AU, NZ or GB financial institution account details will receive a dividend
in AU or converted to NZD or GBP respectively regardless of residency.
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 February 11, 2022 17:00:00
2B.3c Please provide, or indicate where relevant forms can be obtained and how and where they must be lodged
From the Company's share registry, Computershare Investor Services:
Tel (Aus): 1300 662 270 or [phone]
Tel (NZ): 0800 333 501
Internet:www.investorcentre.com
For
	Part 3A - Ordinary dividend/distribution
		3A.1 Is the ordinary dividend/distribution estimated at	3A.1a Ordinary dividend/distribution estimated amount
		this time?	per +security
		No	AUD

Notification of dividend / distribution

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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.8 Will DRP +securities be a new issue? Yes

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

Yes

AUD25/2/2022

4A.6 DRP Price (including any discount):

4A.7 DRP +securities +issue date

The price will be set at a 5 per cent discount to the Volume Weighted Average Price of AFI shares traded on the ASX and Chi X automated trading systems over the five trading days after the shares trade ex-dividend.

4A.5 DRP price calculation methodology

9/2/2022

15/2/2022

Start Date

End Date

4A.4 Period of calculation of reinvestment price

Friday February 11, 2022 17:00:00

5.0000 %

4A.2 Last date and time for lodgement of election notices to share registry under DRP

4A.3 DRP discount rate

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)

AUD 0.00000000

3A.7 Ordinary dividend/distribution conduit foreign income amount per security

AUD 0.00000000

3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount

AUD 0.10000000

0.0000 %

3A.4 Ordinary dividend/distribution franked amount per +security

3A.5 Percentage amount of dividend which is unfranked

100.0000 %

30.0000 %

3A.3 Percentage of ordinary dividend/distribution that is franked

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

(%)

onlyuse personalPart 4A - +Dividend reinvestment plan (DRP) For

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

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

Notification of dividend / distribution

3A.1b Ordinary Dividend/distribution amount per security

AUD 0.10000000