Allied Farmers Limited logo

Sale of NZ Farmers Livestock Completed

M&A1 December 2025ALFFinancials

Allied Farmers Ltd
201 Broadway, Stratford, 4332

PO Box 304, Stratford 4352


Web: http://www.alliedfarmers.co.nz

Email: headoffice@alliedfarmers.co.nz



1 December 2025


announce@nzx.com



SALE OF NZ FARMERS LIVESTOCK LIMITED COMPLETED


Allied Farmers Limited (“Allied Farmers” NZX: ALF) is pleased to advise that the sale of NZ

Farmers Livestock Limited (NZFL) to Rural Livestock Ltd has today been completed.


Allied’s share of the sale proceeds is received entirely in cash. The intention is to redeploy the

sale proceeds into investment opportunities that offer a stronger and more sustainable

earnings profile than NZFL.


The NZFL sale completes a key step in Allied Farmers’ transformation to being a focused

asset manager and investor, leveraging its robust governance structures, asset management

team expertise and experience, and access to a network of best-in-class business partners.


Allied Farmers’ goal is to deliver earnings per share growth by leveraging these core strengths

and optimizing the use of its tax losses.



Shelley Ruha

Chair


For more information:

Richard Milson richard@nzrlm.co.nz

ph. 021 274 2476

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