Convertible Notes Conversion Price Adjustment
Key points
- Conversion price adjusted from A$41.5891 to A$41.0105
- Adjustment due to fully franked final cash dividend of A$0.59 per share
- Dividend payable to shareholders of record on 22 August 2025
Full summary
Washington H. Soul Pattinson and Company Limited (the 'Issuer') has announced a notice to noteholders regarding the adjustment to the conversion price of its A$450,000,000 2.875 per cent Senior Convertible Notes due 2030 (the 'Notes'). The adjustment is a result of the fully franked final Cash Dividend of A$0.59 per share, payable to Shareholders of record on 22 August 2025. Effective as of 21 August 2025, the Conversion Price has been adjusted from A$41.5891 to A$41.0105, in accordance with the Conditions of the Notes. The adjustment to the Conversion Price has been made pursuant to Condition 6(d)(iii) of the Notes.
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