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- Release Date: 30/11/12 12:25
- Summary: GENERAL: GMT: Unit Purchase Plan Implemented
- Price Sensitive: No
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GMT
30/11/2012 10:25
GENERAL
REL: 1025 HRS Goodman Property Trust
GENERAL: GMT: Unit Purchase Plan Implemented
Further to the announcement of 13 November 2012, Goodman (NZ) Limited is
pleased to advise that the Unit Purchase Plan opens today. The UPP is an
equity raising initiative that is seeking additional funding to facilitate
the Trust's investment and development activity.
The offer allows eligible Unitholders with a registered address in New
Zealand, the opportunity to purchase additional Units in Goodman Property
Trust without brokerage and transaction costs.
Eligible Unitholders can apply for a parcel of Units up to a maximum value of
$15,000. The number of Units will be determined by the subscription price per
Unit which will be the lower of:
a) The average end of day market price of Units during the period 12 to 18
December 2012 (inclusive) rounded down to the nearest cent; and
b) $1.00 per Unit (being the price per Unit issued under the recent
placement, less an amount per Unit to be paid to Unitholders on or about 20
December 2012).
The subscription price (being the lower of these two amounts) will be
announced to the NZX on 19 December 2012 and will also be available on the
GMT website: www.goodman.com/nz
Details of the offer are being mailed to Unitholders from today. Applications
need to be received prior to the close of the offer at 5pm on 31 December
2012. Units acquired under the UPP are expected to be allotted on or about 8
January 2012.
The non-renounceable offer is capped at $30 million and may be subject to
scaling.
For further information please contact:
John Dakin
Chief Executive Officer
Goodman (NZ) Limited
(09) 375 6063
(021) 321 541
Attachments provided to NZX:
1. Unit Purchase Plan Booklet
2. Unit Purchase Plan Acceptance Form
3. Accompanying Letter
End CA:00230478 For:GMT Type:GENERAL Time:2012-11-30 10:25:54
