Update - Dividend/Distribution - HM1
Released
Released
Announcement PDF
Appendix 3A.1 - Notification of dividend / distribution
Update Summary
Entity name
HEARTS AND MINDS INVESTMENTS LIMITED
Security on which the Distribution will be paid
HM1 - ORDINARY FULLY PAID
Announcement Type
Update to previous announcement
Date of this announcement
14/10/2024
Reason for the Update
Provide details of DRP price and the number of shares to be transferred under the DRP.
Additional Information
n/a
Refer to below for full details of the announcement
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Appendix 3A.1 - Notification of dividend / distribution
Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
HEARTS AND MINDS INVESTMENTS LIMITED
1.2 Registered Number Type
Registration Number
ACN
628753220
1.3 ASX issuer code
HM1
1.4 The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
Provide details of DRP price and the number of shares to be transferred under the DRP.
1.4b Date of previous announcement(s) to this update
13/9/2024
1.5 Date of this announcement
14/10/2024
1.6 ASX +Security Code
HM1
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)
30/6/2024
2A.4 +Record Date
12/9/2024
2A.5 Ex Date
11/9/2024
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Appendix 3A.1 - Notification of dividend / distribution
2A.6 Payment Date
17/10/2024
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 0.07500000
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.11a(i) DRP Status in respect of this
dividend/distribution
Full DRP
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.1a Ordinary dividend/distribution estimated amount
per +security
AUD
3A.1b Ordinary Dividend/distribution amount per
security
AUD 0.07500000
3A.2 Is the ordinary dividend/distribution franked?
Yes
3A.2a Is the ordinary dividend/distribution fully franked?
Yes
3A.3 Percentage of ordinary dividend/distribution that is 3A.3a Applicable corporate tax rate for franking credit
franked
(%)
100.0000 %
Appendix 3A.1 - Notification of dividend / distribution
30.0000 %
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Appendix 3A.1 - Notification of dividend / distribution
3A.4 Ordinary dividend/distribution franked amount per
+security
3A.5 Percentage amount of dividend which is unfranked
0.0000 %
AUD 0.07500000
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)
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
4A.3 DRP discount rate
notices to share registry under DRP
0.0000 %
Monday September 16, 2024 17:00:00
4A.4 Period of calculation of reinvestment price
Start Date
End Date
16/9/2024
11/10/2024
4A.5 DRP price calculation methodology
The DRP issue price is calculated in accordance with the provisions of the DRP. The DRP will be satisfied by an
on-market purchase of shares in the Company. The DRP price is calculated as the weighted average market price of
shares purchased after allowing for brokerage, commission, stamp duty and other transaction costs.
4A.6 DRP Price (including any discount):
4A.7 DRP +securities +issue date
AUD 2.861568
17/10/2024
4A.8 Will DRP +securities be a new issue?
No
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?
No
4A.12 Link to a copy of the DRP plan rules
https://www.heartsandmindsinvestments.com.au/site/investor-centre/dividends
4A.13 Further information about the DRP
In accordance with the DRP, 708,304 shares were acquired on market at a volume weighted average price of
AUD2.861568 per share. These shares will be transferred to DRP participants on the dividend payment date of 17
October 2024.
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Appendix 3A.1 - Notification of dividend / distribution
Part 5 - Further information
5.1 Please provide any further information applicable to this dividend/distribution
n/a
5.2 Additional information for inclusion in the Announcement Summary
n/a
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