24 Nov

Dividend/Distribution - CGFPB

Notification of dividend / distribution Notification of dividend / distribution 1 / 5 Announcement Summary Entity name CHALLENGER LIMITED Security on which the Distribution will be paid CGFPB - CAP NOTE 3-BBSW+4.40% PERP NON-CUM RED T-05-23 Announcement Type New announcement Date of this announcement 24/11/2021 Distribution Amount AUD 0.78000000 Ex Date 11/2/2022 Record Date 14/2/2022 Payment Date 22/2/2022 Additional Information Distributions are discretionary and are subject to there being no Payment Conditions existing in respect of the relevant Distribution Payment Date. Capitalised terms used in this announcement but not defined have the meaning they are given in the Challenger Capital Notes 2 Prospectus dated 8 March 2017. The Prospectus and other information about Challenger Capital Notes 2 may be found at shareho www.challenger.com.au/ lder/debt-instruments/challenger-capital-notes-2-cgfpb. The forward-looking statements, estimates and projections contained in this release are not representations as to future performance and nothing in this release should be relied upon as guarantees or representations of future performance. Refer to below for full details of the announcement Notification of dividend / distribution Notification of dividend / distribution 2 / 5 Announcement Details Part 1 - Entity and announcement details 1.1 Name of +Entity CHALLENGER LIMITED 1.2 Registered Number Type ABN Registration Number 85106842371 1.3 ASX issuer code CGF 1.4 The announcement is 1.5 Date of this announcement 24/11/2021 1.6 ASX +Security Code CGFPB ASX +Security Description CAP NOTE 3-BBSW+4.40% PERP NON-CUM RED T-05-23 Part 2A - All dividends/distributions basic details 2A.1 Type of dividend/distribution 2A.2 The Dividend/distribution: relates to a period of one quarter 2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date) 21/2/2022 2A.4 +Record Date 14/2/2022 2A.5 Ex Date 11/2/2022 Ordinary New announcement Notification of dividend / distribution Notification of dividend / distribution 3 / 5 2A.6 Payment Date 22/2/2022 2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable? Security holder approval 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. 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 0.78000000 Estimated or Actual? 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? 2A.11 Does the entity have a securities plan for dividends/distributions on this +security? 2A.12 Does the +entity have tax component information apart from franking? Part 3A - Ordinary dividend/distribution 3A.1 Is the ordinary dividend/distribution estimated at this time? 3A.1a Ordinary dividend/distribution estimated amount per +security AUD 3A.1b Ordinary Dividend/distribution amount per security AUD 0.78000000 3A.2 Is the ordinary dividend/distribution franked? 3A.2a Is the ordinary dividend/distribution fully franked? Yes Yes No No We do not have a securities plan for dividends/distributions on this security No Actual No Notification of dividend / distribution Notification of dividend / distribution 4 / 5 3A.3 Percentage of ordinary dividend/distribution that is franked 100.0000 % 3A.3a Applicable corporate tax rate for franking credit (%) 30.0000 % 3A.4 Ordinary dividend/distribution franked amount per +security AUD 0.78000000 3A.5 Percentage amount of dividend which is unfranked 0.0000 % 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 3D - Preference +security distribution rate details 3D.1 Start date of payment period 22/11/2021 3D.2 End date of payment period 21/2/2022 3D.3 Date dividend/distribution rate is set (optional) 22/11/2021 3D.4 Describe how the date that dividend/distribution rate is set is determined First Business Day of the Distribution Period. For more information, please refer to the Prospectus dated 8 March 2017. 3D.5 Number of days in the dividend/distribution period 92 3D.6 Dividend/distribution base rate (pa) 0.0472 % 3D.7 Comments on how dividend/distribution base rate is set 90 day Bank Bill rate on first Business Day of the Distribution Period. For more information, please refer to the Prospectus dated 8 March 2017. 3D.8 Dividend/distribution margin 4.4000 % 3D.9 Comments on how dividend/distribution margin is set Margin is defined in the Prospectus dated 8 March 2017. 3D.10 Any other rate / multiplier used in calculating dividend/distribution rate -1.3342 % Notification of dividend / distribution Notification of dividend / distribution 5 / 5 3D.11 Comments on how other rate used in calculating dividend/distribution rate is set Above rate represents franking credits and is calculated as (Bank Bill Rate + Margin) x Tax Rate x -1. The calculation is based on an expected Franking Rate of 100% and a Tax Rate of 30%. For more information, please refer to the Prospectus dated 8 March 2017. 3D.12 Total dividend/distribution rate for the period (pa) 3.1130 % 3D.13 Comment on how total distribution rate is set Distribution Rate = (Bank Bill Rate + Margin) x (1 - Tax Rate). For more information, please refer to the Prospectus dated 8 March 2017. Part 5 - Further information 5.1 Please provide any further information applicable to this dividend/distribution 5.2 Additional information for inclusion in the Announcement Summary Distributions are discretionary and are subject to there being no Payment Conditions existing in respect of the relevant Distribution Payment Date. Capitalised terms used in this announcement but not defined have the meaning they are given in the Challenger Capital Notes 2 Prospectus dated 8 March 2017. The Prospectus and other information about Challenger Capital Notes 2 may be found at shareho www.challenger.com.au/ lder/debt-instruments/challenger-capital-notes-2-cgfpb. The forward-looking statements, estimates and projections contained in this release are not representations as to future performance and nothing in this release should be relied upon as guarantees or representations of future performance.
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