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Completion of Rights Offer

Capital Raise2 November 2017PFIReal Estate

NZX and media
announcement


2 November | 2017







COMPLETION OF RIGHTS OFFER


NZX listed industrial property landlord Property for Industry Limited (PFI) is pleased to announce the

successful completion of its 1 for 10 pro rata renounceable rights offer, announced on 4 October 2017.


Approximately 35.7 million new shares were taken up by shareholders, representing approximately

78.7% of the new shares available under the rights offer. This represents gross proceeds of $54.9

million.


The new shares not taken up under the rights offer will be allotted to the Underwriter, Forsyth Barr

Group Limited.


New shares will be allotted and begin trading on 7 November 2017.


Shareholders who have any questions about the rights offer are encouraged to read the offer

document which is available on PFI’s website (

www.pfirightsoffer.co.nz) and seek financial,

investment, or other professional advice from a qualified professional adviser.


ENDS














ABOUT PFI & CONTACT


PFI is New Zealand’s only listed company specialising in industrial property. PFI’s portfolio of 92 properties located in Auckland,

Hamilton, Mount Maunganui, New Plymouth, Napier, Wellington, Nelson, Blenheim and Christchurch is leased to 148 tenants.


For further information please contact:


SIMON WOODHAMS CRAIG PEIRCE

General Manager Chief Financial Officer and Company Secretary

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Phone: +64 9 303 9652 Phone: +64 9 303 9651

Email: woodhams@pfi.co.nz Email: peirce@pfi.co.nz

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Property for Industry Limited

Shed 24, Prince’s Wharf, 147 Quay Street, Auckland 1010

PO Box 1147, Shortland Street, Auckland 1140

www.propertyforindustry.co.nz

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.