Listing Rule 7.12.1 Notice
NZX Main Board and Debt Market - Notice pursuant to Listing Rule 7.12.1
24 May 2018 – Mercury NZ Limited advises that it has acquired its own securities. The following information is provided in
accordance with Listing Rule 7.12.1.
Class of Security and ISIN: Ordinary shares
NZMRPE0001S2
Number of Securities acquired: 386,791
Acquisition price (average): NZ$3.2334
Whether payment was in cash: Yes
Any amount paid up: Not applicable
Principal terms: Not applicable
Percentage of the total Class of Securities acquired: 0.0276%
Reason for acquisition: Buyback of Ordinary Shares for capital
management purposes which the Board
believes is in the best interests of the
Company and its shareholders
Specific authority for the issue, acquisition or redemption: Board resolution dated 1 May 2018
Terms or details of the acquisition: On market share acquisition
Total number of Securities of the Class in existence after the acquisition:
Total Ordinary Shares: 1,400,012,517
Less Treasury Stock: 26,236,020
Total Ordinary Shares after acquisition (excluding Treasury Stock): 1,373,776,497
In the case of an acquisition of shares by an Issuer which is a company
registered under the Companies Act 1993, whether those shares are to be
held as Treasury Stock:
Yes
Date of acquisition: 23 May 2018
For further information:
Investors – Tim Thompson 0275 173 470
Media – Craig Dowling 0272 105 337
STOCK EXCHANGE LISTINGS: NEW ZEALAND (MCY) / AUSTRALIA (MCY)
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
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