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- Release Date: 22/04/14 10:30
- Summary: BUYBACK: MRP: Listing Rule 7.12.1 Notice
- Price Sensitive: No
- Download Document 1.46KB
MRP
22/04/2014 08:30
BUYBACK
REL: 0830 HRS Mighty River Power Limited (NS)
BUYBACK: MRP: Listing Rule 7.12.1 Notice
For the purposes of Listing Rule 7.12.1 of the NZSX Listing Rules, this
notice concerns those securities in Mighty River Power Limited that have been
acquired on market by Mighty River Power Limited. Details of the acquisition
are as follows:
Class of security: Ordinary shares (NS)
ISIN: NZMRPE0001S2
Number of securities acquired: 145,000
Average consideration per security acquired: 2.2062
Payment in cash: Yes
Any amount paid up (if not in full): Not applicable
Percentage of total class of securities acquired: 0.0104%
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 the Company and its
shareholders
Specific authority for the acquisition: Directors' Resolution
Any terms of the acquisition: Not applicable
Total number of securities of the class after acquisition:
Total Ordinary Shares: 1,400,012,517
Less Treasury Stock: 23,412,151
Total Ordinary Shares after acquisition (excluding Treasury Stock):
1,376,600,366
Treasury Stock: Yes
Date of acquisition: 17 April 2014
The share purchase covered by this notice represents the completion of Mighty
River Power's on-market share buyback programme announced on 10 October 2013
for the purchase of up to 25 million ordinary shares worth up to $50 million.
End CA:00249643 For:MRP Type:BUYBACK Time:2014-04-22 08:30:15
