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TOWER LIMITED — Regulatory Filings 2012
Nov 11, 2012
65971_rns_2012-11-11_ab3ad214-c227-4d03-a861-c4dcc37e4c9b.pdf
Regulatory Filings
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12 November 2012
Market Information Company Announcements Office NZX Limited Australian Stock Exchange Limited Level 2, NZX Centre Exchange Centre 11 Cable Street Level 6, 20 Bridge Street Wellington Sydney NSW 2000 New Zealand AUSTRALIA
Stock & Share Trading – another low ball offer dated 6 November 2012
TOWER Limited (TOWER) has again been advised that Stock & Share Trading Company Pty Limited (Stock & Share Trading) has written to some TOWER shareholders, letter dated 6 November 2012, offering to buy TOWER shares for $1.00 per share. The price offered of $1.00 per share is a substantial discount to the current market price of TOWER shares. The market price of TOWER shares on the NZX was $1.92 per share at close of trading last week.
TOWER understands that Stock & Share Trading is an Australian company, whose sole director and shareholder is John Armour.
Should you as a TOWER shareholder receive such an offer, TOWER strongly recommends that you seek independent advice and check the most recent market price for TOWER shares on the NZX.
Ends
Bronwyn Walsh Company Secretary & Compliance Manager TOWER Limited
ARBN 088 481 234 Incorporated in New Zealand
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