8 August 2012
Stock & Share Trading - Low Ball Offer
Turners & Growers Limited (T&G) understands that Stock & Share Trading
Company Pty Ltd (Stock & Share Trading) has written to some T&G shareholders
offering to buy their T&G shares for $1.00 per share. Stock & Share Trading
is understood to be an Australian company whose sole director and shareholder
is John Armour.
The price offered of $1.00 represents a significant discount to the most
recent market price of T&G shares, which was $1.68 at close of trading
yesterday.
Shareholders are recommended to seek qualified independent financial advice
before considering accepting the offer.
Contact details regarding this announcement:
Doug Bygrave
Company Secretary
Telephone: (09) 573 8899
End CA:00225732 For:TUR Type:GENERAL Time:2012-08-08 10:44:58