Dividends

Newcrest has moved to Mandatory Direct Credit of dividends for Shareholders with a registered address in either Australia, Papua New Guinea or New Zealand. 

Those Shareholders are unable to receive their dividends by way of cheque and will need to provide bank account details to share registry, Link Market Services (Link) if they have not already done so.

Shareholders are encouraged to provide their bank account details, for payment of Newcrest dividends, as soon as possible. Those Shareholders who have already provided bank account details to Link, please check that the details are still current and correct.

Shareholders can provide/update their bank details on the Link Market Services website.

Newcrest changed its reporting currency from Australian dollars to US dollars in 2015. As a result, dividends are now determined in US dollars.

Shareholders will receive their dividend in Australian dollars unless:

(a) they have:

• nominated a PNG kina bank account domiciled in PNG by a nominated time and date; or
• a registered address in PNG and have not nominated an Australian dollar bank account domiciled in Australia or a US dollar bank account domiciled in the United States of America or a NZ dollar bank account domiciled in New Zealand by a nominated time and date, in which case they will receive their dividend in PNG kina; or

(b) they have nominated a US dollar bank account domiciled in the United States of America by a nominated time and date, in which case they will receive their dividend in US dollars; or

(c) they have nominated a NZ dollar bank account domiciled in New Zealand by a nominated date and time, in which case they will receive their dividend in NZ dollars; or

(d) they are listed on the Canadian register of shareholders (CUSIP Q6651B114 or CUSIP AU000000NCM7), in which case they will receive their dividend in US dollars.

As dividends are determined in US dollars, for payments to be made in Australian dollars, Papua New Guinea kina or New Zealand dollars, conversion into the relevant currency will be based on the foreign currency exchange rates applicable on the relevant Record Date.

The Newcrest Dividend Reinvestment Plan (DRP) provides shareholders with a convenient way to increase their shareholding in Newcrest by reinvesting all or part of their dividends in additional shares.

Key features of the DRP are:

• At each dividend payment date, dividends on shares nominated to be the subject of the DRP are automatically invested in new Newcrest shares
• No discount currently applies to allotments under the DRP
• Participants pay no brokerage or other costs. Upon allotment the shares rank equally with existing fully paid ordinary shares
• Shares allotted under the DRP are credited directly to the participant's holding
• A statement is sent to participants after each dividend payment date
• Participant's may join, vary their participation, or withdraw from the DRP at any time prior to the closing date for an allotment by completing the DRP Form and returning to the Share Registry
• The shareholder's Australian tax position in respect of the dividend payment remains unchanged whether or not such shareholder elects to participate in the DRP
• Shareholders in other jurisdictions must seek their own advice regarding taxation implication of the DRP outside Australia

Due to legal complexities and high compliance costs shareholders in the USA, Canada or Japan may not participate in the DRP.

If you wish to participate in the DRP or vary your existing participation please complete the DRP Form and return to the Share Registry.

A copy of the DRP Rules and participation form are accessible through the following links:

• DRP Plan
• DRP Form

For further information please contact the Newcrest share registry Link Market Services on 1300 554 474 or registrars@linkmarketservices.com.au