Rights Offer – Allotment
NZX and media
announcement
—
7 November | 2017
RIGHTS OFFER - ALLOTMENT
NZX listed industrial property landlord Property for Industry Limited (PFI) is pleased to announce, as required by
7.12.1 of the NZX Main Board Listing Rules, the following details for securities issued today:
(a) Class of security: Property for Industry Limited, Fully Paid
Ordinary Shares
ISIN: ISIN # NZPFIE0001S5
(b) Number issued: 45,337,280
(c) The nominal value:
Issue price:
N/A
$1.54
(d) Payment terms: Cash
(e) Amount paid up: Fully paid up
(f) The principal terms of the Securities (other
than for Quoted Securities) e.g. exercise
price and date in respect of an Option, or
the conversion price and conversion date in
respect of Convertible Securities or the
ranking of the Securities in relation to other
Classes of Securities:
The shares rank equally with, and are issued on the
same terms as, existing ordinary PFI shares
(g) Percentage total of class of securities: 9.091% of the shares on issue (including these
new shares)
(h) Reason for issue, acquisition or
redemption:
Allotment pursuant to a pro-rata renounceable rights
offer of 1 share for every 10 existing shares held as at
5pm on 12 October 2017 (record date)
(i) Specific authority for issue, acquisition or
redemption:
Directors’ resolutions dated 7 November 2017
(j) Total number of securities on issue after
issue, acquisition or redemption:
498,723,330
(k) Treasury Stock: Not applicable
(l) Date of issue, acquisition or redemption: 7 November 2017
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:
CRAIG PEIRCE
Chief Financial Officer and Company Secretary
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Phone: +64 9 303 9651
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
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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.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- KPG — Kiwi Property: Allotment of securities – DRP2017-12-19
“NZX RELEASE 20 December 2017 Allotment of securities Pursuant to Listing Rule 7.12.1, Kiwi Property Group Limited gives notice as follows: (a) Class of security and ISIN: Fully paid ordinary shares. The ISIN is NZKPGE0001S9 (b) Number of securities issued: 2,830,564 (c)…”
- KPG — Kiwi Property: Allotment of securities – KPG0302017-12-19
“NZX RELEASE 19 December 2017 Allotment of securities Pursuant to Listing Rule 7.12.1, Kiwi Property Group Limited gives notice as follows: (a) Class of security and ISIN: Fixed-rate senior secured bonds. The ISIN is NZKPGD0030L5 (b) Number of securities issued: 125,000,0…”