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Arvida Group Limited — Share Issue/Capital Change 2017
Oct 12, 2017
66157_rns_2017-10-13_b18abff2-afc2-4c67-8b40-48e8d48a1572.pdf
Share Issue/Capital Change
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Arvida Group Limited (ARV) Market Release
13 OCTOBER 2017
ALLOTMENT OF RIGHTS OFFER NEW SHARES
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 20.0% of the total number of shares on issue immediately issued: 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:
(j) Terms of issue: The new shares will rank equally in all respects with existing shares (k) Total number of Securities of 401,112,272 Class in existence after issue: (l) Treasury Stock: Not applicable (m) Date of issue: 13 October 2017
- ENDS -
For more information contact:
Bill McDonald, Chief Executive Officer, Arvida Group Limited Telephone: 021-270-3669 or email: [email protected]
Jeremy Nicoll, Chief Financial Officer, Arvida Group Limited Telephone: 021-403-665 or email: [email protected]
About Arvida:
Arvida Group Limited (Arvida) is a retirement village group with an emphasis on providing a continuum of care from independent living through to high quality aged care services. Arvida has 26 villages across New Zealand comprising: Aria Bay, Aria Gardens and Aria Park, Auckland; Copper Crest and Bethlehem Views, Tauranga; Cascades, Hamilton; Lauriston Park, Cambridge; Glenbrae, Rotorua; Molly Ryan, New Plymouth; Lansdowne Park, Masterton; Olive Tree, Palmerston North; Waikanae Lodge, Waikanae; Oakwoods and The Wood, Nelson; Ashwood, Blenheim; Ilam, The Maples, Mayfair, Park Lane, Rhodes on Cashmere, St Albans, St Allisa and Wendover, Christchurch; and Bainlea House, Bainswood House and Bainswood on Victoria, Rangiora. Arvida’s shares trade on the NZX Main Board under the code ARV. See www.arvida.co.nz
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