FBU - Retail Entitlement Offer Opens

Thursday 26th September 2024

Auckland, 26 September 2024: Fletcher Building (“Fletcher Building” or the “Company”) advises that the retail component of the approximate NZ$418 million, 1 for 4.49 pro-rata accelerated non-renounceable entitlement offer (“Retail Entitlement Offer”) opens today. A copy of the Offer Document was lodged to the NZX and ASX on 23 September 2024.

The Retail Entitlement Offer is available to eligible retail shareholders with a registered address in New Zealand or Australia at 7.00pm NZST / 5.00pm AEST on Tuesday, 24 September 2024 (“Eligible Retail Shareholders”). Eligible Retail Shareholders are being invited to subscribe for new shares at an offer price of NZ$2.40 per new share (or the A$ price of A$2.20 per new share).

Eligible Retail Shareholders who wish to participate should apply and pay via www.shareoffer.co.nz/fletcherbuilding by 5:00pm NZDT / 3:00pm AEDT on Tuesday, 8 October 2024.

Eligible Retail Shareholders that do not take up their full entitlement under the Entitlement Offer will receive no value for those lapsed entitlements.

Further information

The Offer Document and other important information about the Retail Entitlement Offer is available on the website established for the Retail Entitlement Offer at www.shareoffer.co.nz/fletcherbuilding. Eligible retail shareholders are encouraged to visit that website and read all of the materials available or referred to on it (including the Offer Document, investor presentation and market announcement published by Fletcher Building on 23 September 2024 (together, the “Offer Materials”) before making a decision whether to apply online from Thursday, 26 September 2024.

Shareholders who have any questions about the Retail Entitlement Offer are encouraged to seek financial, investment or other professional advice from a qualified professional adviser.

#ENDS

Retail Entitlement Offer Opens

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