The stockmarket-listed business is advertising a dividend reinvestment plan to shareholders at market prices and will be open to all people with shares in the company.

There is no minimum value and CI Traders company secretary John Yetman said this was a cost-effective way for people to buy more shares.

He said it was a completely voluntary scheme and it would be up to shareholders to elect to have shares bought with their dividend rather than receive cash.

He said there was no tax advantage to electing to join the scheme and also pointed out that there were no new shares being issued as a result.

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