Graham St sale approved and transaction unconditional

MEETING
Fri, Jun 03 2022 02:46 pm

NZX release
Graham St sale approved and transaction unconditional
3 June 2022

Asset Plus is pleased to confirm that at the special shareholder meeting, held virtually today, shareholders resolved to approve the sale of 35 Graham Street. Accordingly, the shareholder approval condition in the agreement for sale and purchase has now been satisfied and the transaction is unconditional.

At the meeting, shareholders were asked to vote on the following ordinary resolution, which was supported by the Board:

“That the sale of the property at 35 Graham Street, Auckland Central for $65.0 million plus GST (if any) by Asset Plus Investments Limited, to Mansons TCLM Limited (on terms described in further detail in the Explanatory Notes within the notice of Special Meeting dated 19 May 2022), be approved for all purposes (including NZX Listing Rule 5.1.1(b)).”

Detail of the total number of votes cast in person or by a proxy holder are:

For: 205,636,842 (99.73%)
Against: 558,780 (0.27%)
Abstain: 18,865 (Less than 0.1%)

The terms of the transaction are summarised in the notice of meeting that was released to the NZX on 19 May 2022.

Announcement authorised by Luke Fitzgibbon, Company Secretary

-ENDS-

For further information, please contact:

Mark Francis
CEO, Centuria NZ, manager of Asset Plus Limited
+64 9 300 6161

Simon Woollams
Chief Operating Officer, Centuria NZ, manager of Asset Plus Limited
+64 9 300 6161

Stephen Brown-Thomas
Asset Plus Fund Manager, Centuria NZ, manager of Asset Plus Limited
+64 9 300 6161

Matthew Butt
Head of Investor Relations, Centuria NZ, manager of Asset Plus Limited
+64 21 610 631


Announcement PDF


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