SCY 0.00% 14.0¢ smiths city group limited

Ann: BUYBACK: SCY: MINIMUM SHAREHOLDING - FORMAL

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    • Release Date: 05/04/12 16:09
    • Summary: BUYBACK: SCY: MINIMUM SHAREHOLDING - FORMAL OFFER UPDATE
    • Price Sensitive: No
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    SCY
    05/04/2012 14:09
    BUYBACK
    
    REL: 1409 HRS Smiths City Group Limited
    
    BUYBACK: SCY: MINIMUM SHAREHOLDING - FORMAL OFFER UPDATE
    
    04 April 2012
    
    Market Information Services Section
    New Zealand Exchange Limited
    Wellington
    
    SCY Buy-Back of Ordinary Shares
    
    For the purposes of Listing Rule 7.12.1 of the NZSX Listing Rules, Smiths
    City Group Limited advises the following securities have been acquired by the
    company:
    
    a) Class of Security:   Ordinary Shares
    
         ISIN      NZSCYE0001S3
    
    b) Number of securities acquired   264,575
    
    c) Acquisition price (average)  $0.49
    
    d) Payment type     Cash
    
    e) Amount paid up     Fully paid
    
    f) Percentage of total class issued   0.499%
    
    g) Reason for the acquisition  Pursuant to SCY's share buyback plan
    announced on 24 February 2012.
    
    h) Specific authority for the acquisition  Board resolution dated 21 February
    2012
    
    i) Total number of securities after acquisition 52,692,309
    
    j) Intentions of shares acquired   Shares will be cancelled
    
    k) Date of acquisition    27 March 2012
    
    This notice is given under NZSX Listing Rule 7.12.1 and section 65(2) of the
    Companies Act 1993.
    
    Yours faithfully
    
    Brian Lee
    Chief Financial Officer
    End CA:00221615 For:SCY    Type:BUYBACK    Time:2012-04-05 14:09:07
    				
 
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