GWA GROUP LIMITED. — M&A Activity 2019

Mar 11, 2019

12 March 2019

ASX RELEASE

Update on Proposed Acquisition of Methven – Methven shareholders vote in favour of Scheme of Arrangement

GWA Group Limited (“GWA”) is pleased to advise that shareholders of Methven Limited (“Methven”) today voted in favour of the scheme of arrangement pursuant to which GWA will acquire all of the shares in Methven (the “Scheme”).

The Scheme remains subject to a number of conditions, including approval by the New Zealand High Court (with the Final Court Hearing being scheduled for 27 March 2019).

GWA expects implementation of the Scheme to occur on or around 10 April 2019, subject to the remaining Scheme conditions becoming satisfied.

GWA will continue to keep shareholders updated in relation to material developments relating to the Scheme.

For further information call:

Martin Cole Capital Markets Communications +61 (0)403 332 977

Patrick Gibson GWA Group Ltd +61 (0)2 8825 4403

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