NOTES TO THE FINANCIAL STATEMENTS continued
03. Significant transactions and events:// CONTINUED Sale of treasury shares
On 9 November 2017, the group sold 4,244,923 treasury shares to various investors for a total of $14.0 million, at $3.30 per share (a 2.9% discount to the closing price on 8 November 2017). This resulted in a gain of $5.0 million which has been recorded within issued share capital in equity. On 25 October 2017, Vector issued a total of $415.8 million (US $300.0 million) of USD senior notes maturing on 25 October 2027 and 25 October 2029 respectively. On 26 October 2017, the group repaid $400.0 million of floating rate notes. On 2 February 2018, Vector entered four new senior credit facilities to replace three facilities maturing on 3 February 2018. The new facilities mature on 2 February 2021. On 25 June 2018, Vector issued a further $140.0 million of fixed rate wholesale bonds. The bonds have a fixed rate of 4.996% and mature on 14 March 2024. Vector Limited’s final dividend for the year ended 30 June 2017 of 8.00 cents per share was paid on 15 September 2017, with a supplementary dividend of 1.41 cents per non-resident share. The total dividend paid was $79.6 million. Vector Limited’s interim dividend for the year ended 30 June 2018 of 8.25 cents per share was paid on 11 April 2018, with a supplementary dividend of 1.46 cents per non-resident share. The total dividend paid was $82.5 million. Liquigas Limited, a subsidiary of the group, paid an interim dividend in December 2017 of $0.6 million and a final dividend in June 2018 of $1.2 million to the company’s non-controlling interests.
Debt programme
Dividends
73
Vector://AR 18
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