MEMO – Bethunes Investments Limited (“BIL”)

NZX Limited
Level 1, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599

www.nzx.com


Memorandum

To:
Market Participants
From:
NZX Client and Data Services
Date:
Wednesday, 29 November 2017
Subject
: Bethunes Investments Limited (“BIL”)


Message
:
On Friday, 17 November 2017, Bethunes Investments Limited (“BIL”) announced that it would
hold a Special Meeting for shareholders to consider, and if thought fit, to pass resolutions
relating to the acquisition of the business of Transport Investments Limited.
Subject to these resolutions being approved by shareholders:
Share Consolidation
BIL will consolidate its existing ordinary shares on issue on the basis that every 254.1915
shares held in BIL at 5:00pm on Tuesday, 5 December 2017 (“Record Date”) will be
consolidated into 1 share.
Name and Ticker Code Change
BIL will change its name to TIL Logistics Group Limited and its ticker code to TLL with effect
from the commencement of trading on NZX on Thursday, 7 December 2017.

BIL will be placed into a trading halt throughout this process from Monday, 4 December until
Thursday, 7 December 2017.

A timetable of events is detailed below:
Event Date
Trading halt placed on BIL ordinary shares Before Market Open Monday, 4 December 2017
Ex Date – Share Consolidation Monday, 4 December 2017
Special Meeting 9.00am Tuesday, 5 December 2017
Record Date – Share Consolidation 5.00pm Tuesday, 5 December 2017
Share Consolidation complete Wednesday, 6 December 2017

Name and Ticker Code Change COB, Wednesday, 6 December 2017
Trading Halt Lifted At market Open Thursday, 7 December 2017
Trading on the NZX Main Board resumes as
TIL Logistics Group Limited (“TLL”)
Thursday, 7 December 2017

Please contact Client and Data Services on +64 4 496 2853 or cds@nzx.com with any queries.

ENDS