APA Group (ASX:APA) announces the appointment of two new Non-Executive Directors, Shirley In’t Veld and Peter Wasow, to the Board of Australian Pipeline Limited (APL) and the retirement of John Fletcher from the Board.
Subordinated notes (ASX: AQHHA) issued by APT PipelinesLimited (the Notes) – notification of intention to redeem
We are writing to all of our Note Holders to advise you of APT Pipelines Limited’s (APTPL) intention to redeem the Notes on 31 March 2018.
Australia’s leading energy infrastructure business, APA Group (ASX: APA) today announced solid interim results in a financial year that will see unprecedented capital growth expenditure that will continue into FY2019. The half year results are in line with FY2018 guidance.
Following are the relevant components for the APA Group interim distribution for the six months ended 31 December 2017.
Australia’s leading energy infrastructure business APA Group (ASX: APA), today refreshed the suite of gas pipeline services available on its East Coast and Central Region gas transmission assets to provide customers with more options and additional flexibility to make it simpler for customers to better manage their gas portfolios. Further, APA published its Pricing Methodology and other information in relation to pipeline services and tariffs for these assets, consistent with the requirements of the National Gas Rules (Part 23).
APT Pipelines Limited advises that the Interest Rate in respect of the APA Group Subordinated Notes (Notes) for the Interest Period commencing on 1 January 2018 and ending on 31 March 2018 is 6.2900% per annum.
APA Group (ASX:APA) today announced an estimated FY2018 interim distribution of 21.0 cents per security for the six months ending 31 December 2017. This represents a 2.4% increase over the FY2017 interim distribution per security. The actual amount of the interim distribution and its tax deferred status will be confirmed following finalisation of the half year results, which are due for release on 21 February 2018. APA expects to allocate approximately 2.5 cents per security in franking credits to the interim distribution (FY2017: 2.0 cents per security).