Friday, 17 May 2024

Announcement

OFFER: ARV: Allotment of Rights Offer New Shares

13 Oct 2017 10:45NZX
For the purposes of NZX Main Board Listing Rule 7.12.1, Arvida Group Limited
(NZX: ARV) advises the following securities have been issued and allotted on
13 October 2017:

(a) Class of Security: Ordinary Shares
ISIN: NZARVE0001S5

(b) Number issued: 66,851,393

(c) Issue price: $1.15 per share

(d) Payment terms: Cash, pursuant to the renounceable rights offer

(e) Amount paid up: Fully paid

(f) Principal terms: The shares have identical rights, privileges,
limitations and conditions as, and rank equally over, the existing ordinary
shares

(g) Percentage of Class of Securities issued: 20.0% of the total number
of shares on issue immediately prior to the issue of the new shares

(h) Reason for issue: 1 for 5 renounceable rights offer of shares
described in the offer document dated 19 September 2017

(i) Specific authority for issue: Board resolutions dated 12 September
2017

(j) Terms of issue: The new shares will rank equally in all respects with
existing shares

(k) Total number of Securities of Class in existence after issue:
401,112,272

(l) Treasury Stock: Not applicable

(m) Date of issue: 13 October 2017

- ENDS -
End CA:00308671 For:ARV    Type:OFFER      Time:2017-10-13 10:45:55
Views: 408
Arvida Group Limited
 1.270 Change:
0.00
0.00%
 
Open:1.270 
High:1.270 
Low:1.270 
Volume:42,957 
Last Traded:07/02/18 09:09:57 
Bid:1.270 
Ask:1.260 
52-Wk High:1.390 
52-Wk Low:1.150