- Release Date: 22/04/13 19:08
- Summary: GENERAL: MRP: MRP Share Offer - Supplementary Disclosure Document
- Price Sensitive: No
- Download Document 3.51KB
MRP 22/04/2013 17:08 GENERAL REL: 1708 HRS Mighty River Power Limited GENERAL: MRP: MRP Share Offer - Supplementary Disclosure Document Mighty River Power Share Offer - Supplementary Disclosure Document What's the new information? This information is being provided to ensure anyone wishing to invest in Mighty River Power is fully informed when they do. On 18 April 2013, two opposition political parties, the Green Party of Aotearoa New Zealand and the New Zealand Labour Party, announced separate proposals for electricity sector regulatory reform, should they be elected in 2014. The jointly announced proposals differ in a number of respects, but a common feature is the establishment of a state agency to act as a single buyer of wholesale electricity from generators. These proposals are in respect of the electricity industry generally, and are not specific to Mighty River Power. However, the announcements increase regulatory uncertainty for Mighty River Power by raising the possibility that a future government may enact legislation that materially changes the structure of the New Zealand electricity industry. How do I find out more? Further information is contained within the Supplementary Disclosure Document dated 22 April 2013 that will be published by the Crown and Mighty River Power Limited. From Tuesday 23 April 2013, New Zealand residents will be able to view the Supplementary Disclosure Document on the Offer website www.mightyrivershares.govt.nz, or by calling 0800 90 30 90 and requesting a copy. The Supplementary Disclosure Document is supplemental to, and should be read in conjunction with, the Mighty River Power Share Offer Document. What if I wish to withdraw my application? The publication of the Supplementary Disclosure Document means that applicants who have already applied for shares in Mighty River Power have the right to withdraw their application in the manner described below. If you withdraw your application, you will not be allocated any shares in Mighty River Power in respect of that application and your application payment will be refunded to you. We expect you will receive any refund between 14 and 28 May 2013. If your application for shares is dated on or before 23 April 2013, and your application form is received by 5.00pm on 3 May 2013, you have the right to withdraw from Tuesday 23 April 2013 using one of the methods described below: o by calling 0800 90 30 90; or o by completing the withdrawal form at www.mightyrivershares.govt.nz The last time to withdraw is 11.59pm on Wednesday 1 May 2013. Important Notices This announcement is published by the Crown and Mighty River Power Limited. The offer of shares in Mighty River Power is made by the Crown on the terms and conditions set out in a combined investment statement and prospectus dated 5 April 2013, as amended on 22 April 2013. Applications for shares must be made on the application form accompanying the Share Offer Document. This advertisement is made in accordance with the Securities Act (Mighty River Power Limited Crown share offer) Exemption Notice 2013. Shares in Mighty River Power have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. For further information contact: David Glendining Head of Corporate Communications Mighty River Power Limited Phone: + 64 9 308 8259 Mobile: + 64 27 483 0767 ENDS End CA:00235434 For:MRP Type:GENERAL Time:2013-04-22 17:08:50
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