Investor Presentaiton
Reinvestment Offer structure
What is the
Reinvestment Offer?
Who is an Eligible
CPS3 Holder?
Options for Eligible
CPS3 Holders
Dividend
Differences between
CPS3 and Capital
Notes 3
What happens to
CPS3 not reinvested?
-
Under the Reinvestment Offer, Eligible CPS3 Holders may apply for some¹ or all of the CPS3 registered in their name at 7:00pm (Sydney
time) on 6 November 2019 to be repaid in the amount of $100 per CPS3, and to have the proceeds applied on the Issue Date to the
Application Payment for Capital Notes 3
A CPS3 Holder is:
a registered holder of CPS3 at 7:00pm (Sydney time) on 6 November 2019;
shown on the CPS3 register as having an address in Australia; and
not in the United States or acting for the account or benefit of a person in the United States
Option 1 - apply online or complete a paper Application Form to reinvest all or some of your CPS3 in Capital Notes 3
Option 2 - apply through a Syndicate Broker to reinvest all or some of your CPS3 in Capital Notes 3
Option 3 - take no action and your CPS3 will remain on issue in accordance with their terms
If you are an Eligible CPS3 Holder and your Application under the Reinvestment Offer is successful, you (like other CPS3 Holders) will
receive a scheduled dividend payment in respect of CPS3 on 17 December 2019, subject to the payment tests in the CPS3 Terms
(including that the Board resolves to pay the dividend)²
Capital Notes 3 and CPS3 have different rights, benefits and risks, the Reinvestment Offer is not a simple rollover in a similar investment
A comparison of the key differences is summarised in Section 6.2 of the Prospectus
Your CPS3 will remain on issue in accordance with their terms
Suncorp may elect to either redeem, convert or resell the CPS3 on 17 June 2020, but no decision has yet been made
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Notes:
1
2
If you hold 50 CP3 or fewer, you must apply to reinvest all of your CPS3 if you wish to participate.
If changes are made to the timetable such that the Reinvestment CPS3 Repayment Date does not fall on a scheduled dividend payment date for CPS3 (such as 17 December 2019), then, subject to the payment tests in the CPS3 Terms (including that
the Board resolves to pay the dividend), a pro rata dividend will be paid in respect of each Reinvestment CPS3 on the Reinvestment CPS3 Repayment Date.
SUNCORP
Capital Notes 3View entire presentation