Share
- Release Date: 10/02/14 15:55
- Summary: BUYBACK: TPW: Notice of Share Buyback Activity
- Price Sensitive: No
- Download Document 1.2KB
TPW
10/02/2014 13:55
BUYBACK
REL: 1355 HRS TrustPower Limited
BUYBACK: TPW: Notice of Share Buyback Activity
This letter to shareholders is issued in accordance with the requirements of
Section 65(2A) of the Companies Act 1993 and requires no further action on
your part. The buyback detailed in this letter will not affect your shares
in any way.
At the Annual Meeting of Trustpower Limited (Company) held on 28 July 2011,
the shareholders of the Company approved by ordinary resolution an extension
of the Defined Share Buyback Programme providing for acquisitions by the
Company of up to five million of its own shares for a further period not
exceeding three years.
During the period 1 November 2013 to 31 January 2014 the Company has acquired
208,154 ordinary shares on market at an average price of $6.658 for a total
consideration of $1,385,883. As the shares were acquired by offers made by
the Company through NZX's order matching market, the Company has not
identified the seller or beneficial owner (as the case may be) of the shares
acquired.
Thank you for your continued support of Trustpower.
Yours faithfully
Robert Farron
COMPANY SECRETARY
End CA:00246803 For:TPW Type:BUYBACK Time:2014-02-10 13:55:04
