Sunday, 18 February 2018

Announcement

SHINTR: OIC: INTENTION TO DELIST FROM NZX MAIN BOARD

07 Dec 2017 14:45NZX
Opus International Consultants Limited (Opus) advises that, following the
completion of the compulsory acquisition process being undertaken by WSP NZ
Acquisition Limited (WSP) on 10 January 2018, Opus intends to delist from the
NZX Main Board.  In anticipation of delisting, trading in Opus'' shares will
be suspended after close of business on Monday, 11 December 2017.

Shareholders that have not accepted WSP''s takeover offer for all of Opus''
shares (the Offer) may continue to trade their Opus shares prior to the
implementation of the suspension.

WSP announced on 4 December 2017 that it had become the dominant owner of
Opus for the purposes of the Takeovers Code as a result of acceptances of the
Offer, and commenced the compulsory acquisition process at the same time.  A
copy of the announcement released by WSP is available at
www.nzx.com/companies/OIC.

The proposed timetable for the delisting is:

Date and Time

4 December 2017:  Compulsory acquisition notice sent by WSP  to all
outstanding Opus shareholders to compulsorily acquire the remaining Opus
shares

After close of market trading on 11 December 2017: Opus'' shares will be
suspended from trading on NZX

11.59pm on 3 January 2018:  Deadline for outstanding Opus shareholders to
return a completed transfer form under the compulsory acquisition provisions
of the Takeovers Code

10 January 2018:  Date by which WSP will complete the compulsory acquisition
process

11.59pm on 10 January 2018:  Opus will be delisted from the NZX Main Board

All times and dates referred to above are times and dates in New Zealand,
unless otherwise indicated. These times and dates and the references to them
are subject to change and are indicative only. Opus will announce any
amendment to those times and dates via NZX.

Selling to WSP

Shareholders who return completed transfer forms to WSP by 3 January 2018
will, in accordance with the Takeovers Code, be sent payment by WSP within
seven days following WSP receiving the completed transfer form.

If shareholders do not return completed transfer forms by 3 January 2018,
then WSP is required to, by 10 January 2018:

(a) pay to Opus $1.78 per Opus share for all outstanding shares which are
not held by WSP; and
(b) send to Opus a completed share transfer instrument for these
outstanding shares, executed on behalf of the relevant outstanding
shareholders by WSP (as required under the Takeovers Code).

Any consideration received by Opus under paragraph (a) will be held by Opus
in an interest bearing trust account with a registered bank, on trust for the
outstanding shareholders until it is claimed.  Outstanding shareholders for
whom the consideration referred to in paragraph (a) above is paid may claim
that consideration directly from Opus.

To ensure they are paid as soon as possible, shareholders who have not
accepted the Offer are encouraged to return the transfer form to WSP.
Shareholders requiring additional assistance are advised to contact
Computershare via wspacceptances@computershare.co.nz.

Media Enquiries, please contact:

Angela Hayes, Opus External Communications Manager
Angela.Hayes@opus.co.nz, +64 27 582 6581
End CA:00311579 For:OIC    Type:SHINTR     Time:2017-12-07 14:45:38
Views: 108
Opus International Consultants
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