AMP Limited announces that it has established a Small Shareholding Sale Facility (Sale Facility) for shareholders who hold less than A$500 of fully paid ordinary shares (Small Shareholdings). The Sale Facility enables eligible AMP shareholders to sell their Small Shareholdings without incurring any brokerage costs.
The Sale Facility is available to AMP shareholders who held between 1 and 442 AMP Shares on Friday 27 August 2021 (Record Date), based on the Australian Securities Exchange (ASX) closing price of A$1.13 per share.
Eligible shareholders have today been sent the linked communication by email or post. Eligible shareholders will have the ability to opt-out of participating in the Sale Facility and retain their shareholding. For shareholders who participate in the Sale Facility, the sale price they receive for their shares will be a volume-weighted average price received by the Broker for all shares sold under the Sale Facility.
AMP is conducting the Sale Facility in accordance with clause 9 of the AMP Constitution and under ASX Listing Rule 15.13.
Shareholders who have questions about the Sale Facility can call the AMP share registry on 1300 338 164 (within Australia), 0800 444 152 (within New Zealand) or +61 3 9415 4018 (other countries) Monday to Friday, 8.30am to 5.00pm Sydney, Australia time.
Authorised for release by the Market Disclosure Committee.