AWF
02/03/2015 09:09
RIGHT
NOT PRICE SENSITIVE
REL: 0909 HRS AWF Group Limited
RIGHT: AWF: AWF Compliance Notice
2 March 2015
Client Market Services
NZX Limited
Level 1, NZX Centre
11 Cable Street
Wellington 6011
AWF GROUP LIMITED (NZX: AWF)
NOTICE OF OFFER OF SAME CLASS FINANCIAL PRODUCTS FOR ISSUE
AWF Group Limited (AWF) intends to undertake a pro-rata 1 for 4 renounceable
rights offer of new listed shares (the Offer).
Pursuant to clause 19 of Schedule 1 of the Financial Markets Conduct Act 2013
("FMCA") and clause 20 of Schedule 8 of the Financial Markets Conduct
Regulations 2014 ("FMC Regulations"), AWF advises that:
1. The Offer is being made in reliance upon the exclusion in clause 19 of
Schedule 1 of the FMCA and AWF is giving this notice under clause 20(1)(a) of
Schedule 8 of the FMC Regulations.
2. As at the date of this notice, AWF is in compliance with:
(a) the continuous disclosure obligations that apply to it in relation to AWF
listed shares;
(b) its "financial reporting obligations" within the meaning set out in
clause 20(5) of Schedule 8 of the FMC Regulations.
3. As at the date of this notice, there is no information that is "excluded
information" within the meaning set out in clause 20(5) of Schedule 8 of FMC
Regulations.
4. The potential effects that the Offer and acquisition of new shares will
have on the "control" (within the meaning of clause 48 of Schedule 1 of the
FMCA) of AWF and the consequences of those effects are that as at the date of
this notice, Simon Hull and the trustees of the SA Hull Family Trust No. 2
("Trust") hold in aggregate 57.97% of all ordinary shares issued by AWF.
Simon Hull on his own behalf and on behalf of the Trust has advised AWF that
they intend to take up so much of their entitlement so that, after the Offer,
they in aggregate will hold not less than 50.1% of the ordinary shares of
AWF. Accordingly, the Offer will not affect control of AWF as it will be
retained by Simon Hull and the Trust.
Yours sincerely
Ross Keenan
Chairman
AWF Group Limited
-ENDS-
Announcement authorised by:
Paul Mens
Chief Financial Officer
AWF Group Limited
Direct Dial: +64 9 526 2646
Mobile: +64 21 992 532
End CA:00261321 For:AWF Type:RIGHT Time:2015-03-02 09:09:51
