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- Release Date: 10/04/14 17:20
- Summary: S/HOLDER: WHS: WHS Share Purchase Plan Closes
- Price Sensitive: No
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WHS
10/04/2014 15:20
S/HOLDER
REL: 1520 HRS The Warehouse Group Limited
S/HOLDER: WHS: WHS Share Purchase Plan Closes
Auckland, 10th April 2014
WHS Share Purchase Plan Closes
The Warehouse Group Limited (WHS) advises that its Share Purchase Plan (SPP)
has closed with applications by eligible shareholders totalling $10.8
million, with a balance of $4.2 million to be taken up by the underwriter,
Deutsche Craigs Limited.
The $15 million equity raising issue price has been fixed in accordance with
the terms of the SPP at $3.20 per share which is equal to the lower of the
following:
(a) the average end of day market price of Shares during the 5 day trading
period of 2 to 8 April 2014 (inclusive) rounded down to the nearest cent; and
(b) $3.23 per Share (being the price per Share issued under the placement
undertaken on 6 March 2014).
The shares to be issued under the SPP offer are expected to be allotted on 14
April 2014 with no scaling of applications required.
For further information please contact:
Investors and Analysts
Stephen Small
Chief Financial Officer
Cellphone: +6421 714159
Media
Mark Powell, Group CEO,
to be contacted via Kim Russell
Cellphone: +6421 452860
End CA:00249358 For:WHS Type:S/HOLDER Time:2014-04-10 15:20:48
