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BFW Disclosure notice – Share buyback and Cancellation

Insider Disclosure6 December 2018BFGConsumer Discretionary

Burger Fuel Worldwide Limited (BFW) Announcement.
Rule 7.11.1 NZAX Listing Rules

Acquisition of securities


Dated: 5th December 2018


(a) Class of Security and ISIN: Ordinary Shares

NZBFWE0001S6


(b) Number acquired: 457,190


(c) Acquisition price: Approx. USD 0.25 (approx.

NZ$0.37)


(d) Whether payment was in cash: Yes, in cash


(e) Any amount paid up: Fully paid


(f) Percentage of the total Class of Securities acquired: 0.82%


(g) Reason for the acquisition: Purchase of remaining shares

held by Franchise Brands LLC

after end of collaboration

agreement.


(h) Specific authority for the issue or acquisition: Board resolutions dated 21 July

2018 and Shareholders

ordinary resolution dated 30

August 2018


(i) Terms or details of the acquisition: No other terms


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

acquisition:

55,098,745


(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:

No. Shares are to be cancelled

effective 5

th

December 2018


(l) Date of acquisition: 5

th

December 2018




Mark Piet

CFO

Burger Fuel Worldwide 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.

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