Bain Capital sell-down allocated

MKTUPDTE

Tue, Apr 01 2025 08:30 am

1 April 2025

Market Information
NZX Limited
Level 2, NZX Centre
11 Cable Street
WELLINGTON

Company Announcements Office
ASX Limited
Exchange Centre
Level 6, 20 Bridge Street
Sydney NSW 2000
AUSTRALIA

Bain Capital sell-down allocated

Tower Limited (“Tower”) has received confirmation from Bain Capital that the full shareholding of 68,306,802 shares in Tower (held by Dent Issuer Designated Activity Company) has been allocated to investors as further set out in its substantial product holder notice dated 1 April 2025.

Accordingly, further to Tower’s trading halt application of 30 March 2025, Tower has requested the lifting of the trading halt on each of NZX and ASX with effect from the open of trading on each exchange on 1 April 2025.

ENDS

This announcement has been authorised by Michael Stiassny, Chair.

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+64 21 815 149
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Head of Strategy, Planning and Investor Relations
+64 22 395 9327
[email protected]