- Release Date: 25/06/13 11:56
- Summary: RIGHT: VHP: Vital announces pro rata renounceable rights issue
- Price Sensitive: No
- Download Document 1.57KB
VHP 25/06/2013 09:56 RIGHT REL: 0956 HRS Vital Healthcare Property Trust RIGHT: VHP: Vital announces pro rata renounceable rights issue 25 June 2013 Vital announces pro rata renounceable rights issue Vital Healthcare Management Limited (the 'Manager'), the manager of Vital Healthcare Property Trust ('Vital'), today announced that Vital intends to undertake a pro rata renounceable offer of new units to existing unitholders, to open in late July (the 'Offer'). As a consequence, the Board of the Manager has decided to temporarily suspend Vital's Distribution Reinvestment Plan ('Plan') and will not proceed with the issue of units under that Plan in respect of the third quarter distribution. Unitholders who had elected to participate in the Plan will, therefore, be paid the third quarter distribution in cash, less any applicable withholding tax. The Board expects to finalise and announce the pricing, terms and size of the Offer in early July. No money is currently being sought and no applications for units will be accepted or money received unless the subscriber has received a copy of the simplified disclosure prospectus for the Offer made available by the Manager. A person should consider that prospectus, once available, in deciding whether to acquire units. - ENDS - ENQUIRIES David Carr, Chief Executive Officer Vital Healthcare Management Ltd Telephone 09 973 7301 Email [email protected] Stuart Harrison, Chief Financial Officer Vital Healthcare Management Ltd Telephone 09 973 7302 Email [email protected] End CA:00237764 For:VHP Type:RIGHT Time:2013-06-25 09:56:07
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