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CASH OFFER TO LI """i™ ™ L PETROCORP SHAREHQT .TERRS I I H' '!'! JI- i 1 d ' 'r ! : 1 • I I I :'. I • i- l - dj ? -' j Jdd| - i i - : J 1 h I- ■ r ~ p pi This san important time for all Petrocorp shareholders. |! I P / I ■' I d ' '. i l.d '‘H'l P P P i I: I fl I : i d dif i ' ■ • ' 'i - I-' " . . . I ■ Pp U : ■ d -d ; . J ’■ I P ' i .- , I U I ■ .-i J I 1 ii' ;I, .-'' ' L < r n .. q i j ■ I 1 i idj ■ ■ • n d ipL Fletcher Challenge bought tne New Zealaiid Government’s H 450 milliori shares in Petrocorp for $1.75 per share. i | Pi ■ i ■ ' r d - J'. ' ■ I I H’ ' ■ I I dr . P - 'I- -i . ip i ■ - I i p I ■ P ■ ' ■ H Now, Fletcher Challenge is offering all the other shareholders | H H I U bf Petrocorp $1.75 cash for each df their Shares. > I I ' r . dhr i- J ! r Nr. ! J ' I ■ -H I I i! P- lip up' - | ' L ■ p.l P j JI ■ ; I ■ ■ I k ' I ! Brierley Investments are accepting and the Directors of H i | i j are also recommending you accept this cash offer H I dd d ■ ■'l ' ■ HP i N r I pl i ■ i' iP The $1.75 cash is for each share which was issued at $1.25 p i i i L I nine months ago. That’s a gain of 40% or 50 cents per share. " d • 'P' r P P . Id' J ' I ■■ 'I fii r ■ .. I p . r P - - .■ . i ■PI ■ HrJ - i b.. -i I ■: ’ I I i II I To accept, fill in the form you have received in the mail and return as directed; J d : I I i P' . | ; ■ P ■ id. i I' : : - I j ' i i Accept now and the cheque will be mailed to you within ■ 21 da * s - I ■ ■ ■ dJpP Hi dr- - PP' I 11 • d I ’■ p J | q II H j If yob want to maintain an involvement with Petrocorp then p | I you dan reinvest your cash lpaymb nt Fletcher Challenge j I shares or tick the box on the acceptance form about investing p fJf- r' in Fletcher Challenge. ' d■ q I-■I - : p d- P p IJ- l| IP P ■ ■ 11; ; P ■ . I I - - ' I- . -r'■ ! - ■ d I ■' i-I lp I i t -'■ I ■ I I d.l d"d I- . IHI HI d ; d ■ ■ pr^r J H ' d I Fletcher Challenge Limiited H I •i ■ H J■ ■ H •„ % i di d- •HHH - d • 11. H |P • I P p . I - I I : ' I II) Idiid r . dr- . P-| j.p, L I. |l|Jp p I - : p .J . ■ . . j i .|p -I -Idiji IJ I P' InH/i-i ' -I I ■ d I li .-H I i.i - L I| | : i 11. MKA/HKT7WSI

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19880426.2.175.1

Bibliographic details

Press, 26 April 1988, Page 48

Word Count
474

Page 48 Advertisements Column 1 Press, 26 April 1988, Page 48

Page 48 Advertisements Column 1 Press, 26 April 1988, Page 48

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