- Release Date: 15/06/12 19:13
- Summary: BUYBACK: IFT: Share Buyback
- Price Sensitive: No
- Download Document 1.1KB
IFT 15/06/2012 17:12 BUYBACK REL: 1712 HRS Infratil Limited BUYBACK: IFT: Share Buyback Infratil Limited advises that it has acquired its own securities. The following information is provided in accordance with Listing Rules 7.12 Class of security: Ordinary Shares ISIN: NZIFTE0003S3 Number of Ordinary Shares acquired: 300,000 Acquisition price (average): $1.99 Date acquired: 15 June 2012 Payment: In cash Amount paid up: Fully paid up ordinary shares Percentage of the total class of securities issued (after the acquisition): 0.05% Reason for the acquisition: Considered by the Directors to be in the best interests of the Company and shareholders. Specific authority for the acquisition: Shareholder approval dated 15 August 2011 & Board resolution dated 28 June 2011. Total number of Ordinary Shares in existence after the acquisition: 606,604,931 Total number of ordinary shares in existence after acquisition and after deduction of Treasury Stock: 582,930,830 Treasury stock: Shares acquired will be held as treasury stock. K M Baker End CA:00223926 For:IFT Type:BUYBACK Time:2012-06-15 17:13:00
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