Capital Change Notice
Updated as at 17 October 2019
Acquisition of Ordinary Shares
This notice is given under NZX Listing Rule 3.13.1 and s.65(2) of the Companies Act 1993, and relates to the acquisition of ordinary shares in Chorus Limited under the on-market share buyback programme announced by Chorus to the market on 20 February 2023.
Section 1: Issuer information
Name of issuer | Chorus Limited |
NZX ticker code | CNU |
Class of financial product | Ordinary Shares |
ISIN (If unknown, check on NZX website) | NZCNUE0001S2 |
Section 2: Capital change details | |
Number issued/acquired/redeemed | 220,384 |
Nominal value (if any) | N/A |
Issue/acquisition/redemption price per security | NZD $8.3632 (average) in |
respect of 156,617 ordinary | |
shares acquired on NZX | |
AUD $7.7987 (average) in | |
respect of 63,767 ordinary | |
shares acquired on ASX | |
Nature of the payment (for example, cash or other | Cash |
consideration) | |
Amount paid up (if not in full) | Paid in full |
Percentage of total class of Financial Products | 0.0501% |
issued/acquired/redeemed/ (calculated on the number of | |
Financial Products of the Class, excluding any Treasury Stock, | |
in existence) | |
For an issue of Convertible Financial Products or Options, the | N/A |
principal terms of Conversion (for example the Conversion | |
price and Conversion date and the ranking of the Financial | |
Product in relation to other Classes of Financial Product) or the | |
Option (for example, the exercise price and exercise date) | |
Reason for issue/acquisition/redemption and specific authority | Acquisition under Board |
for issue/acquisition/redemption/ (the reason for change must | approved buyback programme |
be identified here) | announced on 20 February |
2023 | |
Total number of Financial Products of the Class after the | 439,840,430 ordinary shares |
issue/acquisition/redemption/Conversion (excluding Treasury | |
Stock) and the total number of Financial Products of the Class | None held as treasury stock |
held as Treasury Stock after the issue/acquisition/redemption. | |
In the case of an acquisition of shares, whether those shares | No |
are to be held as treasury stock | |
Specific authority for the issue, acquisition, or redemption, | Board resolutions dated 18 | |
including a reference to the rule pursuant to which the issue, | February 2022 and 17 | |
acquisition, or redemption is made | February 2023 | |
NZX Listing Rule 4.14.1(a) | ||
Terms or details of the issue, acquisition, or redemption (for | Shares acquired will be | |
example: restrictions, escrow arrangements) | cancelled | |
Date of acquisition | 03/04/2023 | |
Section 3: Authority for this announcement and contact person | ||
Name of person authorised to make this announcement | Andrew Carroll | |
Chief Financial Officer | ||
Contact person for this announcement | Brett Jackson | |
Investor Relations Manager | ||
Contact phone number | +64 4 896 4039 | |
+64 27 488 7808 | ||
Contact email address | Brett.Jackson@chorus.co.nz | |
Date of release through MAP | 04/04/2023 | |
The identity of the seller or sellers (and the beneficial owner or owners) of the Chorus ordinary shares is not known to Chorus.
Attachments
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Disclaimer
Chorus Limited published this content on 04 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 April 2023 20:38:22 UTC.