SPP reminder/NZ Farmers Livestock press release
Allied Farmers Ltd
201 Broadway, Stratford, 4332
PO Box 304, Stratford 4352
Phone: 06 765 6199
Web: www.alliedfarmers.co.nz
Email: headoffice@alliedfarmers.co.nz
14 March 2019
Share Purchase Plan Closing Date Reminder
Last Chance to Participate in Discounted Share Offer
• Next Tuesday is the last chance to buy Allied Farmers’ shares at a discount by participating in the
Share Purchase Plan (“SPP”)
• Attractiveness of SPP has seen strong shareholder demand
On 26 February 2019 Allied Farmers Limited (Allied) offered you a SPP, which enables you to apply
(brokerage-free) for up to $15,000 of shares at $0.073 per share, being a 10% discount to the share price
prior to the offer*.
To date, the offer has been strongly supported, but it is not too late if you would like to participate.
If you would still like to participate, and have not already done so, the last day to accept the offer is next
Tuesday 19 March 2019.
The SPP explanation letter, terms, and application form were sent to you on 26 February 2019.
We also remind you that if you hold less than 2,000 Allied shares and do not wish to have your shares sold by
Allied after 27 May 2019, if you have not done so already, you can increase your shareholding above 2,000
shares at a discount and brokerage free by participating in the SPP offer by 19 March 2019.
NZ Farmers Livestock Thrives with New Online Technologies
NZ Farmers Livestock, a subsidiary of Allied, continues its success in the livestock industry by pushing the
boundaries of the digital space with new online technologies. A copy of the recent press release about this is
attached.
Yours faithfully,
Allied Farmers Limited
Mark Benseman
Chairman
* This Share Purchase Plan provides for each Shareholder to apply for up to $15,000 of shares at
$0.073 per share, being a 10% discount to the volume-weighted average price of Allied Farmers’
shares traded on the NZX Main Board over the 10 trading days up to, and including, 25 February 2019
---
NZ Farmers Livestock Limited
201 Broadway
PO Box 304, Stratford 4352
headoffice@nzfll.co.nz
T 06 765 6199
F 06 765 6195
www.mylivestock.co.nz
13 MARCH 2019
-MEDIA RELEASE-
NZ FARMERS LIVESTOCK THRIVE WITH NEW ONLINE TECHNOLOGIES
NZ Farmers Livestock continues to succeed in the livestock industry, pushing the boundaries of
the digital space.
The company performance supported recently released promising half year Allied Farmers
Limited results, and NZ Farmers Livestock remains committed to helping improve the way farmers
do business. With that focus, the group has achieved good performances over several years and is
well placed for future growth.
In line with that commitment the company has developed and released some new technology. A
new MyLiveStock app has been designed to customise and enhance livestock trading online. The
company is also offering livestreaming of sales directly via their website.
The new app provides users with direct links to market reports and personalised searching.
Farmers can promote stock to a nationwide database, as well as buy and sell stock directly from
the paddock.
Its live streaming is currently running from their Stratford and Rongotea sale yards. The concept
originated out of a client request and has proven well received. Livestreaming provides clients
with the ability to keep on top of the livestock game right from wherever it suits them best. NZFL
have overcome technical challenges to bring the livestreaming from saleyards as a first of its kind
in the New Zealand livestock space.
NZ Farmers Livestock General Manager Bill Sweeney says the livestock industry is embracing the
ability to interact online more and more “Our clients are hard-pressed time-poor farmers, the
more tools we can provide them, the better. Our users are becoming actively engaged with
online technologies and have an expectation of direct access to quality content, meaning they can
trade with confidence and make good livestock decisions in a busy market.”
There is a slight time lag with the livestreaming, so users are encouraged to view the
livestreaming while engaging with a livestock agent to give them instructions to act on their
behalf at the sale. The streams are live every Wednesday, and will soon cover other saleyards.
NZ Farmers Livestock is a 100% NZ owned and operated livestock company, and pride themselves
on working with farmers, for farmers, having operated in the rural services sector for more than
100 years.
NZ Farmers Livestock brings extensive experience gained through trusted and long-established
relationships with the rural community and has continued to grow throughout the country with
over 60 livestock agents. Recent growth has resulted in teams in the Hawke’s Bay, King Country,
Manawatu, Northland, South Island, Taranaki and Waikato regions.
END
For more information please contact:
Steve Morrison
Chief Executive Officer
NZ Farmers Livestock
PO Box 304, Stratford 4352
DDI: 06 765 8734
Fax: 06 765 6195
Mobile: 027 432 3389
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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