MERCANTILE NZ LIMITED
Wellington Merchants Limited
Kensington Swan Lawyers
89 The Terrace
Wellington Central
Wellington, 6011
By email:
gerald.fitzgerald@kensingtonswan.com
6 October 2016
Rule 49A - Notice of increase in acceptances of offer
Pursuant to Rule 49A of the Takeovers Code, Mercantile NZ Limited
(Mercantile) gives notice that, as at the end of 5 October 2016, the total
level of acceptances of its takeover
offer for all of the ordinary shares in Wellington Merchants Limited (WML)
has increased by 1% or more of the total issued equity securities of WML.
As at the end of 5 October 2016, the total acceptances are now in respect of
1,637,883 shares, comprising 80.173% of the total issued equity securities of
WML.
When taken together with the 203,138 shares held or controlled by Mercantile
Investment Company Limited (the holding company of Mercantile) prior to the
takeover offer, this amounts to 90.116% of the total voting rights in WML.
Yours faithfully
Mercantile NZ Limited
Gabriel Radzyminski
Director
cc The Takeovers Panel
Level 3, Solnet House
70 The Terrace
WELLINGTON 6011
By email: takeovers.panel@takeovers.govt.nz
cc NZX Limited
Level 1, NZX Centre
11 Cable Street
WELLINGTON 6011
By email: announce@nzx.com
End CA:00290390 For:KRK Type:SSH Time:2016-10-06 08:57:39