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- Release Date: 12/12/13 10:30
- Summary: BUYBACK: PGC: Listing Rule 7.12.1 - notice of acquisition of securities
- Price Sensitive: No
- Download Document 1.27KB
PGC
12/12/2013 08:30
BUYBACK
REL: 0830 HRS Pyne Gould Corporation Limited
BUYBACK: PGC: Listing Rule 7.12.1 - notice of acquisition of securities
Notice to NZX
12 December 2013
Listing Rule 7.12.1 - notice of acquisition of securities
For the purposes of Listing Rule 7.12.1 of the NZSX Listing Rules, this
notice concerns those securities in Pyne Gould Corporation Limited that have
been acquired on market by Pyne Gould Corporation Limited. Details of the
acquisition are as follows:
Class of security and ISIN Ordinary shares
ISIN: NZPGCE0001S6
Number of securities acquired 2,291,912
Average consideration per security acquired $0.4600
Payment in cash Yes
Any amount paid up (if not in full) Not applicable
Percentage of total class of securities acquired 1.0791%
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 210,095,187
Intentions for shares acquired Cancellation
Date of acquisition 11 December 2013
Media Contact
David Lewis
021 976 119
End CA:00245049 For:PGC Type:BUYBACK Time:2013-12-12 08:30:03