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- Release Date: 10/10/13 17:32
- Summary: GENERAL: PCT: Precinct announces successful $12.5 million equity issue
- Price Sensitive: No
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PCT
10/10/2013 15:32
GENERAL
REL: 1532 HRS Precinct Properties New Zealand Limited
GENERAL: PCT: Precinct announces successful $12.5 million equity issue
Precinct Properties New Zealand Limited (Precinct) (NZX: PCT) announced today
that the company has raised $12.536 million under the Share Purchase Plan
(SPP) dated 20 September 2013. The allotment of shares to the 1,798
participating shareholders will be made today with confirmation statements
being sent on 16 October 2013.
The company had targeted to raise $10 million through the SPP with the
ability to take an additional $10 million. Scott Pritchard, Precinct's CEO,
said "It was very pleasing to see so many retail shareholders participating,
supporting the company and its strategy."
-ends-
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:00242224 For:PCT Type:GENERAL Time:2013-10-10 15:32:23
