Just Life Group Limited buyback offer opens

CORPACT
Tue, May 14 2024 08:30 am

Just Life Group Limited (the “Company”) has today written to shareholders, offering to buyback up to 2.5 million shares at a price of NZ$0.30 per share (Offer).

On 22 April 2024, the Company announced that it intended to make an offer to buyback up to 2.5 million shares if shareholders approved resolutions to delist the Company from the NZX Main Board and to list on the Unlisted Securities Exchange (USX) at the special meeting of shareholders on 13 May 2024. At that special meeting, shareholders voted to approve those resolutions.

The Offer is open for acceptance by all shareholders (excluding directors of the Company or any of their associated persons). As announced in the notice of special meeting dated 22 April 2024, the record date for the Offer was 9 May 2024. The Offer closes at 5:00pm NZT on 27 May 2024, with a payment date of 5 June 2024 (in each case unless extended).

If shareholders wish to accept the Offer, the Company suggests they act now to ensure their acceptance form is received before the closing date.

Further details about the Offer (including the terms and conditions on which the Offer is made) and how to accept it are included in the Offer Document and Acceptance Form attached to this announcement.

For more information:
Eldon Roberts
COO/CFO
E: [email protected]
M: +64 272933711


Announcement PDF


Markets News

NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
Markets

Forsyth Barr initiates full Turners coverage

Forsyth Barr says a premium valuation is now warranted. 

Rebecca Howard 26 Jul 2024
Forsyth Barr initiates full Turners coverage
Economy

The kiwi dollar is falling prey to the bears

The only worst performer is the Norwegian krone.

Rebecca Howard 26 Jul 2024
The kiwi dollar is falling prey to the bears