Independent Adviser(s): Simmons Corporate Finance (Rule 18)

Company Meeting Date: 15/08/2011

Transaction summary:

Infratil proposed three transactions:

  • H.R.L. Morrison & Co Limited (“Morrison & Co”) would acquire shares in Infratil from Utilico Investments Limited in two tranches
  • an increase in the maximum percentage of total voting rights that Morrison & Co may hold or control as a result of an allotment of shares pursuant to an exercise of warrants
  • an increase in the maximum percentage of total voting rights that Morrison & Co may hold or control as a result of the continuation of Infratil’s share buyback programme.

Shareholders approved the proposed transactions at the annual shareholders’ meeting on 15 August 2011.

We have not received consent to publish other documents in relation to this transaction on our website. However, copies of these documents are available upon request to the Panel under the Official Information Act 1982. Please send your written Official Information requests to takeovers.panel@takeovers.govt.nz

Key Documents

Independent Adviser Report(s):