Fletcher Building Limited advises that it has today completed the purchase of the March 2009 Capital Notes from those noteholders who had advised that they did not wish to accept the new terms set for the notes.
The details of the acquisition, as required by listing rule 7.12.1, are:
Issuer
Fletcher Building Limited
Class of security and ISIN
Capital Notes FBU180(NZFBUD0013S7), which roll into FBU220(NZFBUDA022C8)
Number acquired
53,058,750.00
Nominal value and acquisition price
$1.00 per capital note; $53,058,750.00 in aggregate
Payment method
Cash
Amount paid up (if not in full)
Paid in full
Percentage of the total class of securities acquired
15 March 2015 (FBU220) – 57%
Reason for the acquisition
As part of the rollover of the Fletcher Building Limited March 2009 Capital Notes
Specific authority for the acquisition
Conditions of the Capital Notes as set out in the Trust Deed
Any terms or details of the acquisition
N/A
Total number of securities of the class in existence after the acquisition
15 March 2015(FBU220) – 93,168,500 (which includes Capital Notes acquired and held as treasury stock)
Held as treasury stock
Yes
Acquisition date
16 March 2009
Sara Double#
Treasurer
Phone: +64 9 525 9339