ATM
26/11/2015 09:54
SPP
PRICE SENSITIVE
REL: 0954 HRS The a2 Milk Company Limited
SPP: ATM: Completion of Share Purchase Plan
26 November 2015
NZX/ASX Market Release
The a2 Milk Company announces completion of Share Purchase Plan
The a2 Milk Company Limited ("a2MC" or "the Company") is pleased to announce
the completion of the Company's Share Purchase Plan ("SPP") which closed at
7.00pm (NZ time) on Thursday, 19 November 2015.
The SPP was undertaken following the placement of shares announced on 8
October 2015 in order to support a2MC's continued growth in Australia and New
Zealand ("ANZ") and its targeted international markets of China, the UK and
the USA. The new capital raised will be applied primarily to fund increasing
working capital associated with the significant growth in infant formula in
ANZ and China.
The Company received very pleasing support for the SPP with applications from
3,705 eligible a2MC shareholders totalling more than NZ$39 million, exceeding
the NZ$3 million sought. Accordingly, there will be scaling in accordance
with the terms of the SPP.
Shares issued under the SPP have been allotted today, and trading of those
new shares on both the NZX Main Board and the ASX will also commence today.
The Company expects to despatch transaction confirmations to participating
shareholders on or around Tuesday, 1 December 2015.
For further information contact:
The a2 Milk Company Limited
Geoffrey Babidge
Managing Director and CEO
+61 2 9697 7000
End CA:00274128 For:ATM Type:SPP Time:2015-11-26 09:54:59
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