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PEET LIMITED — Merger & Acquisition 2013
Jun 6, 2013
65600_rns_2013-06-06_17b09fcc-baa0-43ca-989d-b1b61bf38ab7.pdf
Merger & Acquisition
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THIRD SUPPLEMENTARY BIDDER’S STATEMENT
7 June 2013
Cash Offer by:
Peet Limited
(ABN 56 008 665 834)
to purchase your shares in:
CIC Australia Limited
(ABN 92 003 157 515)
ACCEPT Peet’s Offer
-
Offer is now unconditional
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Peet Limited currently has a relevant interest in 85.4% of CIC’s shares
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Receive 60 cents cash per share within 5 business days
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Shareholders who do not accept the Offer run the risk of significant dilution in the event CIC is required to undertake an equity raising to repay debt and fund working capital
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Peet will not be increasing the Offer above $0.60 per share;
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The Offer is dated 16 April 2013 and will close at 7.00pm (Sydney time) on 21 June 2013 and will not be extended further.
If you require assistance with your acceptance of the Offer, please call 1300 764 218 or +61 3 9415 4272 between 9.00am and 5.00pm (Sydney time) on Business Days
Financial Adviser
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Legal Adviser
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This document is the third supplementary bidder’s statement (“ Third Supplement ”) to the bidder’s statement lodged by Peet Limited (ABN 56 008 665 834) (“ Peet ”) with the Australian Securities and Investments Commission (“ ASIC ”) on 11 April 2013, and despatched on 16 April 2013 (“ Bidder’s Statement ”), in relation to the offer by Peet for all of the ordinary shares in CIC Australia Limited (ABN 92 003 157 515) (“ Offer ”). A first supplementary bidder’s statement was lodged with ASIC on 13 May 2013 (“ First Supplement ”) and a second supplementary bidder’s statement was lodged with ASIC on 4 June 2013 (“ Second Supplement ”).
This Third Supplement supplements, and is to be read together with, the Bidder’s Statement, the First Supplement and the Second Supplement.
Unless the context requires otherwise, defined terms in the Bidder’s Statement, the First Supplement and the Second Supplement have the same meaning in this Third Supplement. This Third Supplement prevails to the extent of any inconsistency with the Bidder’s Statement, the First Supplement or the Second Supplement.
A copy of this Third Supplement was lodged with ASIC on 7 June 2013. Neither ASIC nor any of its officers takes any responsibility for the contents of this Third Supplement.
1 Update on the Offer
Offer will not be extended and Offer price will not be increased
The board of directors of Peet (“ the Peet Board ”) has determined that the $0.60 per share Offer is final and the price will not be increased. The Peet Board believes the Offer is a full and fair offer for CIC shares and recommends that you accept. Shareholders should carefully consider this information – Peet will not increase its Offer above $0.60 per share.
Peet’s Offer will now close at 7.00pm (Sydney time) on Friday 21 June 2013 and will not be extended further. CIC shareholders wishing to accept the Offer should do so by following the instructions in the Bidder’s Statement.
Shareholders who accept the Offer on or after the date of announcement will be paid within 5 business days of acceptance.
2 Authorisation
The copy of this Third Supplement that is to be lodged with ASIC has been approved by a resolution passed by the directors of Peet Limited on 29 May 2013.
Signed by Dom Scafetta for and on behalf of Peet Limited in accordance with section 351 of the Corporations Act.
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DOM SCAFETTA GROUP COMPANY SECRETARY 7 June 2013