Seeka Limited/Announcement
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SEEKA’S PRO RATA RIGHTS OFFER

Capital Raise14 November 2018SEKConsumer Staples

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

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