Ann: IFL receives revised indicative non-binding proposals, page-73

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Pat07350

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01/04/25

11:40

Post #: 78496169
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Originally posted by Sentia717: ↑

Yes, it may be small beer in the scheme of things however, as you say, every dollar counts.
Here is the latest news for clarification.

"Bain Capital sell-down allocated
Tower Limited (“Tower”) has received confirmation from Bain Capital that the full shareholding
of 68,306,802 shares in Tower (held by Dent Issuer Designated Activity Company) has been
allocated to investors as further set out in its substantial product holder notice dated 1 April
2025.
Accordingly, further to Tower’s trading halt application of 30 March 2025, Tower has
requested the lifting of the trading halt on each of NZX and ASX with effect from the open of
trading on each exchange on 1 April 2025."

Cheers.

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could it be related to FIRB requirements or considerations.

Last edited by Pat07350: 01/04/25

IFL Price at posting: $4.14 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $3.43		Change -0.090(2.56%)		Mkt cap ! $2.297B

Open	High	Low	Value	Volume
$3.48	$3.50	$3.41	$3.674M	1.069M

Buyers (Bids)

No.	Vol.	Price($)
21	22524	$3.43

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Price($)	Vol.	No.
$3.44	15337	27

View Market Depth

No.	Vol.	Price($)
21	7759	3.430
24	30433	3.420
20	47458	3.410
18	59810	3.400
12	38918	3.390

Price($)	Vol.	No.
3.440	20594	27
3.450	39521	29
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3.470	36623	14
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