Viridian withdraws Commerce Commission Application

5 Lady Fisher Place
East Tamaki
Auckland, 2013

PO Box 58 144
Botany
Manukau
Auckland, 2163

P 09 927 3000
F 09 914 3325



NZX: MPG | ASX: MPP

21 October 2025

Viridian withdraws Commerce Commission Application
⁠
Viridian NZ Bidco Limited has announced the formal withdrawal of its application to the
Commerce Commission to acquire up to 100% of the shares in Metro Performance Glass Limited.

At the time of Viridian’s withdrawal, the Commerce Commission had unresolved issues on the
transaction’s potential effect on competition arising from a loss of competition between Viridian
and Metro in glass processing, supply and installation markets where the parties are close
competitors. However, the Commission had not reached a final decision on these issues at the
time of Viridian’s withdrawal.

With the completion of the recapitalisation, debt forgiveness and new 3-year banking package,
and Viridian’s application now out of the way, we can focus on the continued turnaround and
dedicate all our focus to the business performance and growing shareholder value.

– ENDS –

For further information please contact:
Simon Bennett – Executive Director: 021 036 8387