Notification of dividend / distribution

Update Summary

For personal use only

Entity name

VULCAN STEEL LIMITED

Security on which the Distribution will be paid

VSL - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

18/3/2022

Reason for the Update

NZD/AUD exchange rate to be used for interim dividend has now been confirmed

Additional Information

none

Refer to below for full details of the announcement

Notification of dividend / distribution

1 / 6

Notification of dividend / distribution

Announcement Details

only

Part 1 - Entity and announcement details

1.1 Name of +Entity

VULCAN STEEL LIMITED

1.2 Registered Number Type

Registration Number

use

ARBN

652996015

1.3 ASX issuer code

VSL

1.4 The announcement is

Update/amendment to previous announcement

personal

1.4a Reason for update to a previous announcement

NZD/AUD exchange rate to be used for interim dividend has now been confirmed

1.4b Date of previous announcement(s) to this update

10/2/2022

1.5 Date of this announcement

18/3/2022

1.6 ASX +Security Code

VSL

ASX +Security Description

For

ORDINARY FULLY PAID

Pa t 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)

31/12/2021

Notification of dividend / distribution

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For personal use only

Notification of dividend / distribution

2A.4 +Record Date

11/3/2022

2A.5 Ex Date

10/3/2022

2A.6 Payment Date

8/4/2022

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")

NZD - New Zealand Dollar

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form

NZD 0.32352941

2A.9a AUD equivalent to total dividend/distribution amount per +security

AUD 0.30198235

Estimated or Actual?

Actual

2A.9c FX rate (in format AUD 1.00 / primary currency

FX rate (in format AUD rate/primary currency rate)

rate): AUD

Primary Currency rate

AUD 1.00

NZD 1.07135205

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 do not have a securities plan for

dividends/distributions on this security

2A.12 Does the +entity have tax component information apart from franking?

Yes

2A.13 Withholding tax rate applicable to the dividend/distribution (%)

15.000000 %

Notification of dividend / distribution

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Notification of dividend / distribution

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at

3A.1a Ordinary dividend/distribution estimated amount

only

this time?

per +security

No

NZD

3A.1b Ordinary Dividend/distribution amount per

security

NZD 0.27500000

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

No

use

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

franked

0.0000 %

3A.4 Ordinary dividend/distribution franked amount per

3A.5 Percentage amount of dividend which is unfranked

+security

100.0000 %

NZD 0.00000000

personal

3A.6 Ordinary dividend/distribution unfranked amount

per +security excluding conduit foreign income amount

NZD 0.27500000

Part 3E - Other - distribution components / tax

3E.1 Please indicate where and when information about tax components can be obtained (you may enter a url).

New Zealand imputation credits are attached to 100% of the dividend.

3E.2 Please indicate the following information if applicable. (Refer Annual Investment Income Report specification for

further information)

Field Name

AIIR Specification Reference

Value

Estimated/Actual

For

Interest

9.79

Unfranked dividends not

declared to be conduit foreign

9.80

income

Unfranked dividends declared

9.81

to be conduit foreign income

Assessable foreign source

9.91

income

Tax-free amounts

9.96

Tax-deferred amounts

9.97

Notification of dividend / distribution

4 / 6

Notification of dividend / distribution

Managed investment trust

9.105

fund payments

Franked distributions from

9.120

trusts

only

Gross cash distribution

9.121

Interest exempt from

9.122

withholding

Capital Gains discount

9.124

method Non-Taxable

Australian property

Capital gains other

9.126

use

Non-Taxable Australian

property

Other income

9.130

Royalties

9.135

NCMI

personal

Excluded from NCMI

Part 3F - NZD declared dividends/distributions - supplementary dividend/distribution

3F.1 Is a supplementary dividend/distribution payable?

Yes

3F.2 Is the supplementary dividend/distribution

3F.2a Supplementary dividend/distribution estimated

estimated at this time?

amount per +security

No

NZD 0.04852941

3F.2a(i) Date that actual supplementary

Estimated or Actual?

dividend/distribution amount per +security will be

Estimated

For

announced:

3F.2b Supplementary dividend/distribution amount per +security

NZD 0.04852941

3F.3 Is the Supplementary dividend/distribution franked?

No

3F.4 Percentage of Supplementary dividend/distribution

3F.4a Applicable corporate tax rate for franking credit

that is franked

(%)

0.0000 %

0.0000 %

3F.5 Supplementary dividend/distribution franked

3F.6 Percentage of Supplementary dividend/distribution

amount per +security

that is unfranked

NZD 0.00000000

100.0000 %

Notification of dividend / distribution

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Vulcan Steel Ltd. published this content on 18 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2022 00:20:03 UTC.