PGC 0.00% 20.0¢ pyne gould corporation limited

Ann: BUYBACK: PGC: Listing Rule 7.12.1 - notice o

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    • Release Date: 14/02/14 15:51
    • Summary: BUYBACK: PGC: Listing Rule 7.12.1 - notice of acquisition of securities
    • Price Sensitive: No
    • Download Document  1.46KB
    					PGC
    14/02/2014 13:51
    BUYBACK
    
    REL: 1351 HRS Pyne Gould Corporation Limited
    
    BUYBACK: PGC: Listing Rule 7.12.1 - notice of acquisition of securities
    
    Notice to NZX
    14 February 2014
    
    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 by Pyne Gould Corporation Limited from its shareholders who
    have exercised minority buy-out rights under sections 110-119 of the
    Companies Act 1993. Details of the acquisition are as follows:
    
    Class of security and ISIN Ordinary shares
    ISIN: NZPGCE0001S6
    Number of securities acquired 1,676,795
    Average consideration per security acquired $0.4500
    Payment in cash Yes
    Any amount paid up (if not in full) Not applicable
    Percentage of total class of securities acquired 0.7994%
    Reason for acquisition Shareholders exercising minority buy-out rights under
    sections 110-119 of the Companies Act 1993 in relation to the migration
    announced by PGC today.
    Specific authority for the acquisition Sections 110-119 of the Companies Act
    1993.
    Any terms of the acquisition Not applicable
    Total number of securities of the class after acquisition 208,087,519
    Intentions for shares acquired Cancellation
    Date of acquisition 14 February 2014 (in accordance with section 112C(1)
    of the Companies Act 1993).
    
    Media Contact
    David Lewis
    021 976 119
    End CA:00247025 For:PGC    Type:BUYBACK    Time:2014-02-14 13:51:49
    				
 
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