GMT goodman property trust (ns)

Ann: ALLOT: GMT: GMT Settles Highbrook Acquisitio

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    GMT
    14/12/2012 11:10
    ALLOT
    
    REL: 1110 HRS Goodman Property Trust
    
    ALLOT: GMT: GMT Settles Highbrook Acquisitions
    
    Further to the announcement of 13 November 2012, Goodman (NZ) Limited, the
    Manager of Goodman Property Trust, is pleased to announce that the
    acquisition of the remaining interests in Highbrook Business Park has now
    settled.
    
    Goodman (NZ) Limited hereby advises the NZX of the allotment of the
    undermentioned securities and requests these securities be listed and quoted
    on NZX.
    
    The details of the allotment, as required by listing rule 7.12.1, are:
    (a) Issuer: Goodman (NZ) Limited, as manager of GMT.
    (b) Class of security issued: Fully Paid Ordinary Units in GMT ("Units").
     ISIN: NZCPTE0001S9
    (c) Number of securities issued: 93,324,998 Units.
    (d) Nominal value / Issue price: $1.00 per Unit.
    (e) Payment method: Not in cash, pursuant to the sale and purchase agreements
    detailed in the Notice of Meeting provided to the NZX on 19 November 2012.
    (f) Amount paid up (if not in full):  Not applicable.
    (g) Percentage of the total class of securities issued: 8.688% of the Units
    on issue immediately prior to the issue of new Units.
    (h) Reason for the issue: Units issued as part consideration of the
    acquisition by GMT of the 50% interest in Highbrook Development Limited, and
    the 25% interest in Highbrook Business Park Limited ("HBPL") (including the
    25% interest in the properties held by HBPL), not currently owned by GMT.
     (i) Specific authority for the issue: Directors' resolution, clauses 5.1 and
    5.3 of the trust deed of GMT and an extraordinary resolution passed at an
    extraordinary meeting of Unitholders on 7 December 2012.
    (j) Any terms or details of the issue: The new Units will rank pari passu
    with existing Units but will be subject to transfer restrictions pursuant to
    the sale and purchase agreements detailed in the Notice of Meeting provided
    to the NZX on 19 November 2012.
    (k) Total number of securities of the class in existence after the issue:
    1,167,471,426 Units.
    (l) Treasury stock (acquisition only): Not applicable.
    (m) Issue date: 14 December 2012.
    
    For further information please contact:
    
    John Dakin
    Chief Executive Officer
    Goodman (NZ) Limited
    (09) 375 6063
    (021) 321 541
    
    Andy Eakin
    Chief Financial Officer
    Goodman (NZ) Limited
    (09) 375 6077
    (021) 305 316
    End CA:00231132 For:GMT    Type:ALLOT      Time:2012-12-14 11:10:53
    				
 
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