Wednesday, 24 April 2024

Announcement

TAKEOVER: KRK: Update to shareholders DO NOT SELL

01 Jun 2016 10:29NZX
Please find attached a letter that will be send to Kirkcaldie & Stains''
shareholders today.

The letter contains the revised estimates of the likely cash available for
distribution to shareholders in a winding up of the Company. The Board is
confident of the Company being able to distribute to shareholders between
$3.50 and $3.60 per share in a winding up during the course of 2017.

Falcon Clouston
Chairman

ENDS
For further information:
Falcon Clouston
PO Box 1494
Wellington 6140
End CA:00283338 For:KRK    Type:TAKEOVER   Time:2016-06-01 10:29:49
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Kirkcaldie & Stains Limited
 3.400 Change:
0.00
0.00%
 
Open:3.400 
High:3.400 
Low:3.400 
Volume:0 
Last Traded:11/11/16 00:22:02 
Bid:3.000 
Ask:3.450 
52-Wk High:3.450 
52-Wk Low:1.559