AMP confirms its Small Shareholding Sale Facility, first announced on 16 September 2021, closed as scheduled on 8 November 2021.
The Sale Facility enabled shareholders who held less than A$500 of fully paid ordinary shares (“Small Shareholding”) to sell their Small Shareholding without incurring any brokerage costs.
At the close of the Sale Facility there were 52,026,568 ordinary shares to be sold held by 205,148 shareholders. The shares were sold at A$1.0929 per share, representing the volume-weighted average price received by the Broker for all Shares sold in the ordinary course of trading on the ASX between 17 November and 2 December 2021.
Sale proceeds will be paid to participants on Friday 10 December 2021.
As part of the Sale Facility, shareholders had the option to donate the proceeds of the sale of their Shares to charity via ShareGift Australia or the Good2give Community Fund New Zealand. As a result, approximately A$147,000 in total will be donated to Lifeline Australia and Lifeline Aotearoa (New Zealand resident shareholders). The AMP Foundation will contribute a further A$70,000 to Lifeline Australia in support of the initiative.
For further information shareholders can contact the AMP Share Registry between 8.30am and 5.00pm (Sydney time), Monday to Friday:
- Phone: 1300 338 164 (Australia); 0800 444 152 (New Zealand); +61 3 9415 4018 (other countries)
- Email: firstname.lastname@example.org
Authorised for release by the Market Disclosure Committee.