Leading consumer brands manager Pacific Brands Limited is pleased to advise that ordinary shares to be allocated under the company's Dividend Reinvestment Plan (DRP) will be priced at $2.7685 per share for the 2005 final dividend.
The DRP price was based on a weighted average market price for the eight trading days from 5 September to 14 September 2005 inclusive.
Under the DRP, approximately 1.780 million ordinary shares will be allocated to participating shareholders on 3 October 2005, at the same time as final dividend payments are made. Shares to be allocated to participating shareholders have been purchased on market.
Participating shareholders will be mailed a notice of their new shareholding on 3 October 2005.
Pacific Brands is a big business. The origins of Pacific Brands can be traced back to 1893 when the business began manufacturing Dunlop bicycle tyres. Today, Pacific Brands is a leading manager of consumer brands in Australia and New Zealand, marketing some of the most recognised brands including Berlei, Bonds, Clarks (children's), Dunlop, Everlast, Grosby, Holeproof, Hush Puppies, King Gee, Slazenger, Sleepmaker and Tontine.
Pacific Brands is organised into four key operating Groups: Underwear & Hosiery, Outerwear & Sport, Home Comfort and Footwear.
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