TWR 0.00% 82.5¢ tower limited ordinary shares

Ann: BUYBACK: TWR: Notice under NZSX Listing Rule 7.12.1

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    • Release Date: 02/07/15 08:30
    • Summary: BUYBACK: TWR: Notice under NZSX Listing Rule 7.12.1
    • Price Sensitive: No
    • Download Document  1.42KB
    					TWR
    02/07/2015 08:30
    BUYBACK
    NOT PRICE SENSITIVE
    REL: 0830 HRS Tower Limited
    
    BUYBACK: TWR: Notice under NZSX Listing Rule 7.12.1
    
    02 July 2015
    
    Market Information
    NZX Limited
    Level 2, NZX Centre
    11 Cable Street
    Wellington
    New Zealand
    
    Notice under NZSX Listing Rule 7.12.1
    
    For the purposes of Listing Rule 7.12.1 of the NZSX Listing Rules, this
    notice concerns those securities in TOWER Limited that have been acquired on
    market by TOWER Limited.
    
    Details of the acquisition are as follows:
    
    (a) Class of Security   Ordinary Shares
    ISIN NZTWRE0011S2
    
    (b) Number of securities acquired    134,545
    
    (c) Average consideration per security acquired  NZ$2.1975
    
    (d) Payment in cash  Yes
    
    (e) Any amount paid up (if not in full)   Not applicable
    
    (f) Principal terms of the securities  Not applicable
    
    (g)  Percentage of total class of securities acquired  0.0767%
    
    (h)  Reason for acquisition The share buy back reflects the Board's view that
    the purchase of its own shares is in the best interests of TOWER Limited and
    its shareholders
    
    (i) Specific authority for the acquisition   Directors' Resolution
    
    (j) Any terms of the acquisition    Not applicable
    
    (k) Total number of securities after acquisition  175,335,556 ordinary shares
    
    (l) Treasury Stock No
    
    (m) Date of acquisition     Bought back and cancelled on 01 July 2015
    
    Yours faithfully
    
    Brett Wilson
    CFO and Company Secretarial
    End CA:00266490 For:TWR    Type:BUYBACK    Time:2015-07-02 08:30:24
    				
 
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