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- Release Date: 09/05/13 10:30
- Summary: LISTING: MRP: Mighty River Power Share Offer - Final Price Set
- Price Sensitive: No
- Download Document 1.57KB
MRP
09/05/2013 08:30
LISTING
REL: 0830 HRS Mighty River Power Limited (NS)
LISTING: MRP: Mighty River Power Share Offer - Final Price Set
Mighty River Power Share Offer - Final Price set at $2.50 per share
The Crown has advised that the Final Price for the Initial Public Offering of
Ordinary Shares in Mighty River Power has been set at $2.50 per share.
Mighty River Power Chair, Joan Withers, said the determination of the Final
Price was at the sole discretion of the Crown as outlined in the Offer
Document.
Following the completion of the bookbuild process, Mrs Withers said the
Company has been advised and the Final Price had been announced publicly by
the Shareholding Ministers.
The Mighty River Power Share Offer is made pursuant to the terms and
conditions set out in a combined Investment Statement and Prospectus dated 5
April 2013, as amended on 22 April 2013.
Trading of the shares (under the stockcode 'MRP') is expected to begin at
12.30pm (NZST) on Friday, 10 May, on the NZX Main Board on a conditional
settlement basis. Trading of the shares on the ASX (under the stockcode
'MYT') on a conditional and deferred settlement basis is expected to begin at
12 noon AEST (2.00pm NZST) on Friday, 10 May 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.
Please refer to attached PDF for full disclosure.
End CA:00235999 For:MRP Type:LISTING Time:2013-05-09 08:30:16
