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INFRATIL LIMITED. — Capital/Financing Update 2011
Sep 29, 2011
65106_rns_2011-09-29_d86c129e-e219-49ec-aad1-9504e39c8fb6.pdf
Capital/Financing Update
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30 September 2011
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iSite Media agreement to acquire OTW Ltd
iSite Media, a subsidiary of Infratil, has been granted regulatory clearance to acquire the assets of OTW Ltd. These assets comprise a significant portfolio of premium billboard sites, mainly located in Auckland. iSite Media will commence operating the portfolio on 1 November 2011.
About iSite Media:
iSite Media is New Zealand’s largest Out of Home advertising supplier, with offices in Auckland, Wellington and Christchurch. The company operates an extensive national advertising portfolio centred on transit and billboard platforms. Operations also include management of advertising concessions at Wellington and Queenstown International Airports. iSite Media is a subsidiary of NZ owned, dual NZX and ASX listed company, Infratil Ltd.
Media and related enquiries: iSite Chief Executive Wayne Chapman (09)3602327
T 09 360 2327 F 09 360 1429 Level 3, 202 Ponsonby Road 1011 PO Box 147002 Ponsonby 1144 www.isitemedia.co.nz