SEEKA’S PRO RATA RIGHTS OFFER
Phone +64 (7) 573 0303
Fax +64 (7) 573 9831
Email info@seeka.co.nzseeka.co.nz
Seeka Limited
PO Box 47
Te Puke 3153, N.Z.
POSTAL
ADDRESS
VISITOR
ADDRESS
Seeka Head Office
34 Young Road
Paengaroa 3189, N.Z.
Dear Seeka Shareholder,
SEEKA’S PRO RATA RIGHTS OFFER
As you may be aware, on 12 November 2018 Seeka announced a new capital raising initiative, including a fully underwritten
pro rata rights offer to raise approximately $50 million of new equity for Seeka.
The rights offer
Under the Offer, you will have the opportunity to purchase 1 new share for every 1.5 existing Seeka shares you own as at
5.00pm (NZT) on 20 November 2018 at an issue price of $4.25 per new share. The Offer is fully underwritten by First NZ
Capital Group Limited.
You can choose to take up all, some or none of your rights. If you take up all of your rights, you will have the opportunity,
alongside institutional investors, to purchase additional Seeka shares under the bookbuild process at the end of the rights
offer period. As an existing New Zealand shareholder, you will have a preferential position in the bookbuild process if you
wish to purchase additional Seeka shares than your entitlement under the rights offer.
However, if you do nothing with some or all of your rights, then those rights will be offered for sale through the bookbuild
process. You may still receive value for those rights to the extent that the price achieved in the bookbuild process exceeds
the issue price.
How to apply
The Offer Document and your Entitlement and Acceptance Form will be sent to you on 21 November 2018. Applications
must be made (together with payment) before 5.00pm on 7 December 2018 either via:
– Submission of the online application at www.seekashareoffer.com from 21 November 2018; or
– Completion of your Entitlement and Acceptance Form and return to Seeka’s share registrar, Link Market Services Limited.
Information on the Offer, including the Offer Document, is available at www.seekashareoffer.com or on the NZX by
searching Seeka’s stock code (SEK) at www.nzx.com/companies/SEK. You should read the Offer Document carefully and
in full before deciding whether to take up your rights, and seek professional advice if you have any queries about what you
should do in respect of the Offer.
You are also encouraged to read all of Seeka’s recent market announcements, particularly the investor presentation
released on 7 November 2018 and the Offer announcement released on 12 November 2018.
Seeka remains committed to forging ahead with its strategy of becoming New Zealand’s leading orchard-to-market
business and solidifying its market position in Australia.
We hope that you will give this opportunity careful consideration and wish to thank you for your continued support.
Yours sincerely,
Michael Franks
Chief Executive Officer | Seeka Limited
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.