PFI
11/08/2015 08:35
RIGHT
NOT PRICE SENSITIVE
REL: 0835 HRS Property for Industry Limited
RIGHT: PFI: PFI Cleansing Notice
11 August 2015
NZX Limited
Level 1, NZX Centre
11 Cable Street
Wellington
NOTICE PURSUANT TO CLAUSE 20(1)(A) OF SCHEDULE 8 TO THE FINANCIAL MARKETS
CONDUCT REGULATIONS 2014: RENOUNCEABLE RIGHTS ISSUE AND SHORTFALL BOOKBUILD
1. Property For Industry Limited (PFI) has announced that it will undertake a
pro-rata 1 for 12 renounceable rights issue of fully paid ordinary shares of
the same class as already quoted on the NZX Main Board of NZX Limited. Any
shares not taken up or attributable to selected investors through a bookbuild
to be run by Forsyth Bar Group Limited. These offers (the Offers) will be
underwritten.
2. Pursuant to clause 20(1)(a) of Schedule 8 to the Financial Markets Conduct
Regulations 2014 (FMC Regulations), and the Financial Markets Conduct Act
2013 (FMCA), PFI states that:
a. PFI is making the Offers in reliance upon the exclusion in clause 19 of
Schedule 1 to the FMCA and is giving this notice under clause 20(1)(a) of
Schedule 8 to the FMC Regulations.
b. As at the date of this notice, PFI is in compliance with the continuous
disclosure obligations that apply to it in relation to ordinary shares in PFI
and there is no information that is "excluded information" as defined in
clause 20(5) of Schedule 8 to the FMC Regulations.
c. As at the date of the notice, PFI is in compliance with its financial
reporting obligations.
3. The Offer is not expected to have any material effect or consequence on
the control of PFI.
Yours faithfully
Greg Reidy
Managing Director
Property For Industry Limited
For further information please contact:
Craig Peirce
Chief Financial Officer and Company Secretary
Mob: +64 21 248 6301
Email: [email protected]
End CA:00268187 For:PFI Type:RIGHT Time:2015-08-11 08:35:29
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
