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- Release Date: 30/05/13 17:39
- Summary: GENERAL: FSF: FONTERRA ANNOUNCES RETENTION OF TREASURY STOCK
- Price Sensitive: No
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FSF
30/05/2013 15:39
GENERAL
REL: 1539 HRS Fonterra Shareholders' Fund (NS)
GENERAL: FSF: FONTERRA ANNOUNCES RETENTION OF TREASURY STOCK
FONTERRA ANNOUNCES RETENTION OF TREASURY STOCK
(Notice pursuant to FSM Rule 6.8.1)
Fonterra Co-operative Group Ltd (FCG) has today completed the second Supply
Offer.
As advised on 27 May 2013, Fonterra announced that Farmer Shareholders had
offered to sell, and Fonterra had agreed to purchase, 59,973,601 Units in the
Fonterra Shareholders' Fund ("Fund"), under the terms of the Supply Offer.
Fonterra has subsequently redeemed 59,973,601 Fund Units for FCG Shares, and
will retain these Shares as Treasury Stock.
For the purposes of Fonterra Shareholders' Market Listing Rule 6.8.1,
Fonterra advised the redemption of shares and the retention of Treasury
Stock, under the Supply Offer as follows:
(a) Class of Security and ISIN: Ordinary Shares NZFCGE0001S7
(b) Number redeemed: 59,973,601
(c) Issue/Acquisition price: n/a
(d) Payment in Cash: n/a
(e) Amount paid up: Fully paid
(f) Percentage total of class of securities redeemed: 3.6%
(g) Reason for redemption: Shares redeemed under the terms of the Supply
Offer and retained as Treasury Stock
(h) Specific authority for issue/acquisition: Board resolution
(i) Any terms or details of the issue/acquisition: The shares will be
retained as Treasury Stock
(j) Total number of securities on issue (excluding treasury stock):
1,597,833,461
(k) Date of redemption: 30/05/13
End CA:00236883 For:FSF Type:GENERAL Time:2013-05-30 15:39:49
