Infratil disposal of its 19.91% stake in Metlifecare
Infratil Limited 5 Market Lane, PO Box 320, Wellington, New Zealand Tel +64-4-473 3663 Fax +64-4-473 2388 www.infratil.com
6 April 2017
Infratil Limited announces the disposal of its 19.91% stake in Metlifecare Limited
Infratil advises that it has entered into a block trade agreement with Forsyth Barr Limited for the
off-market sale of it 19.91% stake (42.4 million shares) in Metlifecare Limited at a price of $5.61
per share for aggregate consideration of $237.93 million, with settlement to occur on 11 April
2017.
As outlined at the Investor Day presentations on 29 March 2017, Infratil retains a strong set of
organic growth opportunities in our newly established platforms of data infrastructure,
renewables and eldercare.
Infratil’s investment in Metlifecare Limited resulted in an annualised return of 15.5% since the
original acquisition on 25 October 2013.
Any enquiries should be directed to:
Mark Flesher, Investor Relations, Infratil Limited mark.flesher@infratil.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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