KEY POINTS:
Investment company Hellaby Holdings says its "strike price", used to calculate entitlements under its dividend reinvestment plan, has been set at $1.67.
Shareholders who hold 20.1 per cent of the company have decided to take shares in lieu of a dividend. Of the total $2.5 million dividend, about $2 million will be paid in cash.
Hellaby says the shares to be allocated will be from treasury stock, held by Hellaby as a result of earlier share buy-backs.
