Share
- Release Date: 30/11/12 13:52
- Summary: S/HOLDER: FBU: FBL Unsolicited offer to by shares
- Price Sensitive: No
- Download Document 1.26KB
FBU
30/11/2012 11:52
S/HOLDER
REL: 1152 HRS Fletcher Building Limited
S/HOLDER: FBU: FBL Unsolicited offer to by shares
Fletcher Building has been advised that a company called Stock & Share
Trading Company Pty Limited has made an unsolicited offer to some holders of
the company's shares.
The price being offered by Stock & Share Trading is $5.00 per share which is
approximately 36% less than the price quoted on the NZSX this morning of
around $7.80 per share.
In addition, while payment is promised within one month of Stock & Share
Trading registering the shares, there is no obligation or requirement on
Stock & Share Trading to register the shares within any period.
As the offer is significantly less than the current market value of Fletcher
Building shares, it is strongly recommended that any shareholder who receives
such an offer seek independent advice from a share-broker, accountant or
solicitor. In addition, it is recommended that shareholders check the latest
share price on the NZX website at www.nzx.com or in newspapers.
The shares are quoted on the NZSX and ASX under the code FBU.
Contact:
Philip King
General Manager, Investor Relations
Phone: +64 9 525 9043
Mobile: +64 27 444 0203
End
End CA:00230504 For:FBU Type:S/HOLDER Time:2012-11-30 11:52:53
