Infratil announces opening of NZ$100 million Retail Offer

Infratil Limited has opened a non-underwritten Retail Share Offer to raise approximately NZ$100 million (with the ability to accept oversubscriptions at its discretion).

Eligible shareholders in New Zealand and Australia may apply for up to a maximum of NZ$80,000 and A$45,000, respectively, worth of new shares in Infratil Limited.

The price of these shares will be the lower of the Placement share price, being NZ$9.20 per share, or a 2.5% discount to the five-day volume weighted average price of Infratil shares traded on the NZX during the five NZX trading days up to, and including, the closing date of the Retail Offer.

The Retail Offer is subject to the terms and conditions included in the Retail Offer Document and closes at 5:00pm (NZST) / 3:00pm (AEST) on Tuesday, 27 June 2023.