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- Release Date: 20/09/13 12:59
- Summary: S/HOLDER: PCT: Precinct announces the Share Purchase Plan documents
- Price Sensitive: No
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PCT
20/09/2013 10:59
S/HOLDER
REL: 1059 HRS Precinct Properties New Zealand Limited
S/HOLDER: PCT: Precinct announces the Share Purchase Plan documents
Precinct announces the Share Purchase Plan documents.
Not for release in the United States.
Precinct Properties New Zealand Limited (Precinct) (NZX: PCT) announced today
that the Share Purchase Plan (SPP) documents will be sent to eligible
shareholders today, with the offer opening on 23 September 2013 and closing
on 9 October 2013. The allotment date for the shares issued under the SPP is
planned for 10 October 2013.
The issue price of the shares to be issued under the SPP will be $0.99 per
share with the benefit of no brokerage and transaction costs. As the price
for shares under the SPP has been fixed, changes to the market price of
shares will not have any effect on the price to be paid for the shares issued
under the SPP.
An eligible shareholder may apply for up to $15,000 of shares under the SPP,
in share parcels which are a multiple of $1,000. Applications may be scaled
back depending upon demand, with the amount to be raised under the SPP being
capped at $10 million (although Precinct may elect to increase that amount to
no more than $20 million).
Shareholders that would like to participate in the offer need to complete and
return the application form to Computershare Investor Services Limited and
make the appropriate payment by no later than 5.00pm 9 October 2013. Precinct
reserves the right to suspend or withdraw the SPP at any time at its sole
discretion.
-ends-
This announcement has been prepared for publication in New Zealand and may
not be released or distributed in the United States. This announcement does
not constitute an offer of securities for sale in the United States or any
other jurisdiction. Any securities described in this announcement may not be
offered or sold in the United States absent registration under the US
Securities Act of 1933 or an exemption from registration.
For further information, contact:
Scott Pritchard George Crawford
Chief Executive Officer Chief Financial Officer
Office: +64 9 927 1640 Office: +64 9 927 1641
Mobile: +64 21 431 581 Mobile: +64 21 384 014
Email: [email protected]
Email:[email protected]
About Precinct (PCT)
Precinct is New Zealand's only specialist listed investor in prime and
A-grade commercial office property. Listed on the New Zealand Exchange, PCT
currently owns 17 New Zealand buildings - Auckland's PricewaterhouseCoopers
Tower, ANZ Centre, SAP Tower, AMP Centre, Zurich House, HSBC House and
Downtown Shopping Centre; and Wellington's State Insurance Tower, Vodafone on
the Quay, 171 Featherston Street, 125 The Terrace, No. 1 and 3 The Terrace,
Pastoral House, Mayfair House, 80 The Terrace, Deloitte House and Bowen
Campus.
End CA:00241369 For:PCT Type:S/HOLDER Time:2013-09-20 10:59:55
