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- Release Date: 17/09/13 11:08
- Summary: GENERAL: PCT: Precinct announces Share Purchase Plan Issue price
- Price Sensitive: No
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PCT
17/09/2013 09:08
GENERAL
REL: 0908 HRS Precinct Properties New Zealand Limited
GENERAL: PCT: Precinct announces Share Purchase Plan Issue price
Precinct announces Share Purchase Plan Issue price
Not for release or distribution in the United States
Precinct Properties New Zealand Limited (Precinct) (NZX: PCT) announced today
that the issue price of the shares to be issued under the Share Purchase Plan
(SPP) will be $0.99 per Share. This is equal to the lesser of:
a) $1.00 per Share (being the price per Share paid by investors under the
Placement); and
b) $0.99 per Share (being the average end of day market price of Shares
during the period 10 September 2013 to 16 September 2013 (inclusive), rounded
down to the nearest half cent or whole cent, as applicable).
The SPP booklet and application form will be sent to eligible shareholders on
20 September 2013, with the offer opening on 23 September 2013 and closing on
9 October 2013. The allotment date for the shares issued under the SPP is
planned for 10 October 2013.
-ends-
This announcement has been prepared for publication in New Zealand and may
not be released or distributed in the United States. This announcement does
not constitute an offer of securities for sale in the United States or any
other jurisdiction. Any securities described in this announcement may not be
offered or sold in the United States absent registration under the US
Securities Act of 1933 or an exemption from registration.
For further information, contact:
Scott Pritchard
Chief Executive Officer
Office: +64 9 927 1640
Mobile: +64 21 431 581
Email: [email protected]
George Crawford
Chief Financial Officer
Office: +64 9 927 1641
Mobile: +64 21 384 014
Email: [email protected]
About Precinct (PCT)
Precinct is New Zealand's only specialist listed investor in prime and
A-grade commercial office property. Listed on the New Zealand Exchange, PCT
currently owns 17 New Zealand buildings - Auckland's PricewaterhouseCoopers
Tower, ANZ Centre, SAP Tower, AMP Centre, Zurich House, HSBC House and
Downtown Shopping Centre; and Wellington's State Insurance Tower, Vodafone on
the Quay, 171 Featherston Street, 125 The Terrace, No. 1 and 3 The Terrace,
Pastoral House, Mayfair House, 80 The Terrace, Deloitte House and Bowen
Campus.
End CA:00241196 For:PCT Type:GENERAL Time:2013-09-17 09:08:16
