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- Release Date: 18/06/13 15:14
- Summary: S/HOLDER: MET: Share Purchase Plan Opening Announcement
- Price Sensitive: No
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MET
18/06/2013 13:14
S/HOLDER
REL: 1314 HRS Metlifecare Limited
S/HOLDER: MET: Share Purchase Plan Opening Announcement
18 June 2013
METLIFECARE ANNOUNCES OPENING OF SHARE PURCHASE PLAN
As announced on 30 May 2013, Metlifecare Limited is pleased to announce the
opening of its Share Purchase Plan (SPP) to eligible shareholders.
Metlifecare is seeking to raise up to $10 million of new capital through an
SPP available to all current New Zealand shareholders.
The attached SPP offer document has been sent to Metlifecare's New Zealand
shareholders who were on the share register at 5.00pm on the Record Date of
14 June 2013, as disclosed in the Appendix 7 notice. The SPP opens on
Wednesday 19 June 2013 and closes on 5 July 2013 (unless extended).
Under the SPP, eligible shareholders are invited to subscribe for a maximum
of $15,000 of shares per shareholder. If the SPP is oversubscribed,
applications may be scaled. The SPP subscription price is $3.10 per share.
The allotment date for the SPP shares is 12 July 2013 (unless extended). No
brokerage or other transaction costs will be payable by shareholders.
ENDS
For more information, please contact:
Alan Edwards
Managing Director & CEO
Tel: +64 9 539 8000
About Metlifecare
Metlifecare is a publicly-listed aged care and retirement lifestyle company.
Established in 1984, the company has a proven track record of successfully
owning and managing retirement villages in New Zealand. Metlifecare currently
owns villages in prime locations throughout the North Island of New Zealand,
with most providing a full continuum of care from independent villas and
apartments through to serviced apartments, rest homes and hospitals.
www.metlifecare.co.nz
End CA:00237543 For:MET Type:S/HOLDER Time:2013-06-18 13:14:16
