SPARK NEW ZEALAND LIMITED Spark New Zealand does not endorse this offer, or any subsequent offers made by Zero Commission to purchase shares at a discount to the market price.
Spark New Zealand recommends that shareholders who receive an offer from Zero Commission should:
- read Zero Commission's disclosure document and terms of offer carefully and thoroughly; - seek independent legal advice; and - check the most recent market price for Spark New Zealand shares
Shareholders are under no obligation to accept any offer or to take any action in respect of the Zero Commission offer. Unsolicited share offers are subject to the Financial Markets Conduct Regulations 2014. Under these regulations, unsolicited offers must be made within a clear and concise disclosure document that outlines certain prescribed information. Shareholders have the right to cancel any acceptance of the offer up to 10 working days after the date of their acceptance.
Shareholders accepting Zero Commission's offer should be aware that they are likely to be in the position of being an unsecured creditor of Zero Commission during the period between their shares being transferred to Zero Commission and receiving full payment from Zero Commission.
If shareholders need or desire further advice on this matter we suggest they contact an authorised financial adviser, a list of whom can be found on the Financial Markets Authority website http://fma.govt.nz/
-ENDS-
For media queries, please contact: Richard Llewellyn Head of Corporate Communications +64 (0) 27 523 2362
For investor relations queries, please contact: Stefan Knight GM Finance and Business Performance +64 (0) 27 252 9438
Spark New Zealand Limited, ARBN 050 611 277 Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand
