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Mykco (MYK) Acquisition of Corporate Holdings Limited

Capital Change3 August 2018GENFinancials

Mykco Limited
Level 7, 12-26 Swanson Street,

PO Box 1314, Shortland Street,

Auckland, New Zealand. 1140.

Phone +64 9 304 0145

Fax +64 9 358 3858



Mykco (MYK) Acquisition of Corporate Holdings Limited


Mykco ( MYK) advises the market that the contract for purchase of all the ordinary shares in

Corporate Holdings Limited that it did not already own was completed today, 3 August

2018.


The Special Meeting of Mykco shareholders held on 31 July 2018 approved all resolutions

which then allowed the directors to declare the contract unconditional.

Mykco had already owned 100,000 shares (1.54%) in Corporate Holdings Limited.

This transaction allowed Mykco to acquire the Corporate Holdings Limited shares it did not

already own (98.46%).

The vendors were the shareholders of Corporate Holdings Limited (other than Mykco).

The Vendors receive 16.27 ordinary shares in Mykco in return for each share they owned in

Corporate Holdings Limited.

Mykco has issued 104,323,240 fully paid ordinary shares in Mykco in consideration of the

total purchase price of $6,132,436.80.


Mykco has previously advised the market that its name will change with effect from the

close of business on 3 August 2018 from Mykco Limited to General Capital Limited. The

ticker code will change with effect from 6


August 2018 from MYK to GEN and the ISIN will

remain unchanged as NZMYKE0001S9.


For further information please contact:

Brent King

Chair

Mykco Limited (General Capital Ltd )

021 632 660

brent.king@irg.co.nz

3 August 2018

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Mykco Limited
Level 7, 12-26 Swanson Street,

PO Box 1314, Shortland Street,

Auckland, New Zealand. 1140.

Phone +64 9 304 0145

Fax +64 9 358 3858



NZX Alternative Market - Notice pursuant to Listing Rule 7.11.1


(a) Class of Security and ISIN: Ordinary Shares

ISIN NZMYKE0001S9


(b) Number issued or acquired: 104,323,240 ordinary shares

issued


(c) Nominal value and issue price or acquisition price: 5.88 cents per share


(d) Whether payment was in cash: 104,323,240 ordinary shares

issued in exchange for

6,412,000 ordinary shares in

Corporate Holdings Limited


(e) Any amount paid up: Paid in full


(f) Percentage of the total Class of Securities issued or

acquired:

84.17%


(g) Reason for the issue or acquisition: Acquisition of Corporate

Holdings Limited


(h) Specific authority for the issue or acquisition: Transaction approved at

Special Meeting of Mykco

Limited shareholders held on

31 July 2018.


(i) Terms or details of the issue or acquisition: 104,323,240 ordinary shares

issued in exchange for

6,412,000 ordinary shares in

Corporate Holdings Limited


(j) Total number of Securities of the Class in existence after

the issue or acquisition:

123,940,114


(k) 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:

Not applicable


(l) Dates of issue or acquisition: 3 August 2018




Brent King

Chair

Mykco Limited

021 632 660

brent.king@irg.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.