AN IMPORTANT ANNOUNCEMENT TO U.E.B. INDUSTRIES LIMITED SHAREHOLDERS Class of U.E.B. Securities Held Consideration Offered: Stock Units - Either 1 ordinary fully-paid share in New Zealand Equities Limited plus 40 cents in cash for every 2 stock units held $2.00 in cash for each stock unit 12% Specified Preference Shares Either 3 ordinary fully-paid shares in New Zealand Equities Limited plus $1.60 in for every 5 shares held $2.45 for share 15% Specified Preference Shares Either 2 ordinary fully-paid shares in New 1 Zealand Equities Limited plus 20 cents cash for every 5 shares held ~ ’^*77, . , $1.50 in cash for each share You will have received in fhp mail thp nffpr from 6 ’ 5% Cumulative Preference Shares Either in cne man me oner from 1 ordinary fU |i y .p aid share in New New Zealand Equities Zealand Equities Limited plus 20 cents Limited for your shares in in cash for every 4 shares held U.E.B. Industries limited. °[ ln rastl for each share IMPORTANT acceptances IS do January in addition free options will be issued to holders of New Zealand Equities Limited 1987 and in view of the shares on the register on 23 Januaiy 1987. U.E.B. stock and shareholders hnlirlav norinrl tho accepting the share and cash alternatives and being allotted New Zealand Equities iiuiiuay pei iuu ti le Shares by the closing date of 23 Januaiy 1987 will qualify for the option issue. Directors of New Zealand D , ~ . . , . r ., „ . , Fm litipq I imitpd Based on the closing share price of New Zealand 7. H • Equities Limited on 19 December 1986 of $3.80, the value uroent consideration to of the share alternative is approximately $2.10 per U.E.B. ++S SS dn Industries Limited stock unit. New Zealand Equities shares mis important aocument. currently on issue include the entitlement to the free 1991 i ne urrer nas peen options referred to above, to be issued in the ratio of one recommended by the option for every shares held Directors of U.E.B. Industries Limited and is New Zealand Equities Limited has received all summarised as follows: necessary consents from the Commerce Commission. This announcement is not intended to be an offer or an invitation to make an offer. The offer may only be accepted in accordance with the instructions NZE 86/5 Haines © contained in the formal Offer document.
Kt i •gfemW fa Lt Jk > w 6-8 months 18% 9-15 months 17.5% Rates for longer or intermediate terms available on request. Minimum investment $5OOO. Fully paid shares — participatory securities in terms of Securities Act 1978 and Securities Regulations 1 983. Issued in accordance with the Society’s rules. Southland Building & Investment Society l/We wish to invest | $ [ For a term of [ | months at the fate of pa. FIRST NAMiEfS) SURNAME ATTACH YOUR CHEQUE AND POST MISS/MS ~ Z FREEPOST No 20 I aooress Southland Building & Investment phone no Society PHONE No J; PQ Boz 835 signature Invercargill
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Press, 22 December 1986, Page 38
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480Page 38 Advertisements Column 1 Press, 22 December 1986, Page 38
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