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- Release Date: 30/01/13 13:42
- Summary: S/HOLDER: PFI: Zero Commission NZ Limited - Unsolicited Offer
- Price Sensitive: No
- Download Document 1.67KB
PFI
30/01/2013 11:42
S/HOLDER
REL: 1142 HRS Property for Industry Limited
S/HOLDER: PFI: Zero Commission NZ Limited - Unsolicited Offer
ZERO COMMISSION NZ LIMITED - UNSOLICITED OFFER
Further to the announcement on 18 December 2012, Property For Industry
Limited (PFI) wishes to advise that Zero Commission NZ Limited (Zero) has now
made an unsolicited offer to purchase the shares of PFI shareholders holding
2,000 shares or less for $1.12 per share.
The Board of PFI wishes to advise that it does not support or endorse that
offer.
Shareholders should carefully review the terms of the offer once received,
seek independent advice and check the current share price (see
https://www.nzx.com/companies/PFI) and cost of brokerage before coming to a
decision. The Board notes that, in the 30 days preceding the date of this
announcement, PFI shares have traded in a range of $1.20 - $1.23 per share.
There is no obligation on shareholders to accept any offer for their shares
from Zero.
If shareholders need any advice about this matter PFI suggests they contact
their legal or financial advisor. If shareholders do not have a financial
advisor, a list of financial advisors can be found on the Financial Markets
Authority's website (see http://www.fma.govt.nz).
Contact
For further information please contact:
Craig Peirce
Chief Financial Officer and Company Secretary
Mob: +64 21 248 6301
Email: [email protected]
About PFI
PFI is New Zealand's only listed company specialising in industrial property.
PFI's portfolio of 50 industrial properties in Auckland, Wellington and
Christchurch, is leased to 86 tenants.
www.pfi.co.nz
End CA:00232441 For:PFI Type:S/HOLDER Time:2013-01-30 11:42:26
