New Zealand Rural Land Company Limited (NZX: NZL) Rights Issue Documents

Wednesday 2nd June 2021

This Offer Document is an important document. It explains New Zealand Rural Land Company Limited’s plan to raise new capital of up to approximately $44.3 million through a rights issue and your opportunity to participate. The rights issue detailed in this Offer Document gives all Eligible Shareholders the right to acquire 2 new shares for every 3 shares they hold on the Record Date (5:00pm on 3 June 2021), at the Issue Price of $1.10 per Share.

Eligible shareholders will be sent a copy of the offer booklet and a personalised entitlement and acceptance form on 4 June.

To participate in the rights issue eligible shareholders may complete and return their entitlement and acceptance form in accordance with its accompanying instructions.

In addition, NZL has established an offer website at www.nzrlcshareoffer.co.nz and eligible shareholders may participate by applying online for new shares at that website from 4 June.

Please see the links below for details

NZX Announcement

NZL Rights Issue - Offer Document

Entitlement and Acceptance Form

Source: New Zealand Rural Land Company Limited

Comments from our readers

No comments yet