Tuesday, 21 August 2018


TRANSACT: BIL: Bethunes Investments Limited completes Share Consolidation

06 Dec 2017 09:02NZX
6 December 2017

Bethunes Investments Limited completes Share Consolidation

Bethunes Investments Limited (NZX: BIL) (Bethunes) is pleased to confirm that
the share consolidation that formed part of the Transactions approved by
shareholders at the special general meeting held in Auckland yesterday, and
as previously announced to market on 17 November 2017, has been completed.

Every 254.1915 shares held in BIL at 5:00 pm on 5 December 2017, was
consolidated into one share, with all fractional entitlements rounded up to
the nearest whole number of shares.

As a result of the consolidation, the number of shares on issue in BIL is now

Trading in post-consolidation shares on the NZX will commence once the
trading halt is lifted, which is expected to occur on 7 December 2017

Shareholders will receive a statement from BIL''s share register, Link Market
Services, in a few days notifying them of their new shareholding.


For further information and media assistance, please contact:

Bethunes Investments Limited
Christopher Swasbrook
Phone: +64 21 928 262
Email: chris.swasbrook@bethunesinvestments.com

Transport Investments Limited
Jackie Ellis, Media Liaison
Phone: + 64 27 246 2505
Email: jackie@ellisandco.co.nz
End CA:00311480 For:BIL    Type:TRANSACT   Time:2017-12-06 09:02:39
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Bethunes Investments
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