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- Release Date: 19/02/13 10:30
- Summary: ALLOT: ARG: Completion of Share Purchase Plan
- Price Sensitive: No
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ARG
19/02/2013 08:30
ALLOT
REL: 0830 HRS Argosy Property Limited
ALLOT: ARG: Completion of Share Purchase Plan
Completion of Share Purchase Plan
Argosy Property Limited (NZX:ARG) has today completed the allotment of new
ordinary shares to shareholders under the Share Purchase Plan ("SPP").
As previously announced on 13 February 2013, the SPP offer was oversubscribed
by 57%. Valid applications have been scaled back on a proportionate basis,
based on the dollar amount for which share applications have been made (and
any rounding of the number of shares to be allotted was up to the nearest
share).
For the purposes of NZSX Listing Rule 7.12.1, ARG advises the allotment of
the new shares under the SPP as detailed below:
(a) Class of Security: Argosy Property Limited ordinary shares
ISN: NZARGE0010S7
Ticker code: ARG
(b) Number issued: 22,729,454
(c) Issue price: $0.88
(d) Payment terms: Cash
(e) Amount paid up: Fully paid
(f) Percentage of Class of 3.5% of the total shares on issue immediately
prior to Securities issued: the issue of the new shares
(g) Reason for issue: Allotment under SPP
(h) Specific authority for issue: Directors' resolution
(i) Terms of issue: The shares will rank equally in all respects with
existing ordinary shares in Argosy Property Limited at the date on which they
are issued
(j) Total number of Securities of
Class in existence after issue: 677,282,027
(k) Treasury Stock: N/A
(l) Date of issue: 18 February 2013
- ENDS -
End CA:00233093 For:ARG Type:ALLOT Time:2013-02-19 08:30:25
